HEY GUYS, THIS UPDATE WAS REQUIRED, SINCE WE HAVE A BEAR SIGNAL ON H4 - PRICE/RSI DIV, SO I'VE DECIDED TO UPDATE MY ANALYSIS WITH THE LATEST DEVELOPMENTS IN PRICE ACTION.
LOOKS LIKE BULLISH TL IS UNDER ATTACK AND MOST LIKELY GOING TO BREAK THIS TUESDAY.
THEREFORE I'M DOWNGRADING EURUSD TO NEGATIVE OUTLOOK THIS COMING WEEK.
IMMEDIATE TARGETS ON SELL SIDE: 1100 AND 1050.
GOOD LUCK AND STAY SAFE.
LOOKS LIKE BULLISH TL IS UNDER ATTACK AND MOST LIKELY GOING TO BREAK THIS TUESDAY.
THEREFORE I'M DOWNGRADING EURUSD TO NEGATIVE OUTLOOK THIS COMING WEEK.
IMMEDIATE TARGETS ON SELL SIDE: 1100 AND 1050.
GOOD LUCK AND STAY SAFE.
Comment:
UPDATE: TL IS BROKEN, BEAR BIAS CONFIRMED NOW.