EURUSD STILL IN CHANNEL Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Sep 6, 2020 10:26 AM

1. Price is still within channel, buying momentum can be expected to decrease.
2. Slight divergence on the RSI, showing some bearish signals
3. If price breaks channel and retest, we can expect the further downside drop for EURUSD.