ankurlakhotia
Short

EURUSD - Short term top

FX_IDC:EURUSD   Euro / U.S. Dollar
EURUSD pair has been moving in a wedge like formation on the 240 min chart. We are now witnessing exhaustion sign at the top end of the wedge along with first degree of negative divergence on the RSI indicator. The initial target can be placed at 1.0625 which is the lower trend line of wedge .
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