rjthegreatxx

EURUSD short, chart patterns

OANDA:EURUSD   Euro / U.S. Dollar
EURUSD is looking very bearish , having broken a 2 month wedge/triangle formation on the downside. Price is below 50 and 200 EMA. 4H looks bullish, but overall bearish - so hoping to catch a price action reversal on the 4H at the 1.2550 resistance, or the 1.2890. MACD and RSI looking oversold, so will be trending up before going down again.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.