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EURUSD OUTLOOK
Euro / U.S. Dollar
Short
EURUSD OUTLOOK
By DennisDims
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Updated
Jun 21, 2022
2
Jun 1, 2022
EURUSD has formed a head and shoulder reversal pattern with rsi displaying bearish divergence.
The price has also broken the ascending trendline suggesting a drop is about to happen.
If the price consolidates below the resistance level we can open short orders with targets at 1.0547 and 1.0456.
Jun 21, 2022
Trade closed: target reached
ascendingtrendline
EURUSD
fibonaccianalysis
Technical Indicators
resistence
reversal
Trend Analysis
DennisDims
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