cns

$EURUSD #shortterm fail on #oversold and over committed #short?

Long
FX:EURUSD   Euro / U.S. Dollar
#Divergence this morning on the early charts (15mins) worth a look from the #buy side?

The market has been feeling very oversold with almost every market participant calling for lower. To me this sounds like a time to look the other way for a #squeeze to 1.09-1.10 area. Anyone else?

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.