Hello Traders,
This is outlook on EUR/USD for the next week.
Looking to be short if level respected. Waiting for price to push more before setting up pending orders
1) Overbought RSI
2) 0.382 Fib level respected multiple times
3) Top line of PitchFork
4) Price didn't touch SMA for a long time, must be felling lonely now =)
Lets see how it goes.
This is outlook on EUR/USD for the next week.
Looking to be short if level respected. Waiting for price to push more before setting up pending orders
1) Overbought RSI
2) 0.382 Fib level respected multiple times
3) Top line of PitchFork
4) Price didn't touch SMA for a long time, must be felling lonely now =)
Lets see how it goes.
Comment:
- > 18000 psychological level is right above expected reverse zone.
Comment:
correction, close to 17000 level
Comment:
Level was respected, pending orders set