orvilleawright
Short

BEARISH EURUSD 1H: Bearish price action in kill zone.

FX_IDC:EURUSD   EURO / US DOLLAR
BEARISH EURUSD             1H: Support becoming resistance. Bearish price action in kill zone.
(Analysis Based on 1 hour chart)

Observations
1. Long term down channel
2. Short term up channel being retested
3. Price at daily swing low
4. Overbought RSI at 1H swing high

NOTE: Wait for price action to confirm the importance of these levels.
NOTE: This is a counter trend oppertunity based on my daily outlook

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