ChadBilon
Short

EURUSD Downside Potential

FX:EURUSD   Euro Fx/U.S. Dollar
The EURUSD             has reversed out of the key "weekly resistance zone" (blue area). RSI "divergence" developed while in the weekly zone signaling the potential move lower. Currently the price action as broken the previous support (lower low). Price has also broken the trend-line low now looking to retest.

Conformation Validity:
1. RSI is below the 50-line (retest)
2. A bearish cross in the Stochastic signal further down move.
Trade active:
snapshot
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out