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InvestingScope
Jun 25, 2019 6:32 AM

EURUSD: Symmetrical Sell Opportunity. Short

Euro Fx/U.S. DollarFXCM

Description

The pair is trading on a symmetrical 1D pattern of Highs and Lows and at the moment the price is approaching the next High near 1.14500. 1D has turned bullish (RSI = 66.745), 4H overbought (RSI = 76.053) but with 1W still marginally neutral (RSI = 54.511) we believe that the price is close to a bearish reversal towards its symmetrical 1.11770 Support.





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