EUR/USD Testing Resistance

FX:EURUSD   Euro / U.S. Dollar
146 0
The EUR/USD has been building some bullish momentum recently. The pair now sits at the bottom of a thick kumo, as well as at the descending trend-line resistance level . Our fundamental bias for the pair is still bearish , so we're interested sellers. We will, however, require some bearish confirmation prior to going short. What we're looking for at the moment is a break down from the kumo, breaking the kijun and the RSI ascending trend-line in the process. On such a break we'd be short the market, with a stop just above the 61.8% which has held recently, as well as the top of the future kumo.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out