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DeGRAM
Jan 16, 2023 8:08 AM

DeGRAM | EURUSD divergence at the resistance Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD is testing the major daily resistance zone and a dynamic resistance.

Price could not broke and close above the resistance, indicating bulls are running out of steam

Price action printed a double top and divergence, the market will see some pullback.

We expect a bearish move or consolidation between 1.0870 - 1.07500.


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Comments
DeGRAM
Good luck in the markets and have a great trading week!
basictradingtv
Totally agree with that!
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