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WBEclipse
Oct 25, 2022 8:28 AM

EUR USD continuation of the downtrend Short

Euro Fx/U.S. DollarFXCM

Description

Looks to me for the resistance of the channel to holding well. I don't see this pair going up anytime soon, we had a little fakeout but nothing to be surprised of.
The RSI indicator now at 57.79 is crossing the RSI MA based to the down. I can think then there still room for bearish sentiment for this pair.
Comments
Tradersweekly
Thanks for your work.
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