d.vezeris

EURUSD 1H Tech Analysis In the KUMO

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD is in the KUMO but under the EMA 200, Kijun Sen and Tenkan Sen. The Tenkan Sen has break Kijun Sen down.

The Chikoun Span has a resistance at SPAN A of KUMO (yellow circle).

MACD and RSI both are bearish.

I think that EURUSD will try the bottom of the KUMO especially if the Chikoun Span gets under the SPAN A.
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.