forex47_

EURUSD (H4) - Finding opportunity

OANDA:EURUSD   Euro / U.S. Dollar
  • EURUSD has been moving within the Sideway range of 1.16173-1.16642 since Oct 19

  • Located at the key support of the range at 1.16173-1.16242

  • Relative Strength Index tends to drop below 50 but the H4 candle is not over yet

  • In case of a sharp drop, the pair will go up to 1.15784

  • In case of recovery, the pair will drop to 1.16567.
Comment: EURUSD (H4)

- Going down too fast, if you sold, make sure Sl is positive

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