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baigxy
Sep 18, 2021 8:50 PM

Eurusd still bearish Short

Euro Fx/U.S. DollarFXCM

Description

since last week the price stayed bearish in a downtrend channel... currently the price is trying to break the support level at 1.728, if price able to break we will see a continuation of downtrend channel. Next support level is at 1.706, if this breaks the strongest support is at 1.166. Looking at Macd and rsi it looks like there could be more bearish divergences may be possible in starting of this weak.

my last analysis, target hit

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