MMFXSignals

EURUSD SHORT TRADE

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD trading in a descending channel
price rebounded from HVN around 1.08650
price below SMA 100
MACD start bearish momentum
RSI below 50
price forming AB=CD pattern
so its expect bearish movement to pattern target at 200% fibo and demand zone around 1.06500

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.