Description
⋅ EURUSD 4H Diagram Technical Analysis shows the following:
The EURUSD after some consolidates under the KUMO (4h) declined more last friday. Daily diagram is very bearish with RSI on oversold levels.
In 4h MACD and RSI are bearish. MACD maybe gives a divergence next days. Look carefully on next consolidations about it.
There is no special candlestick pattern. The pair is under any KUMO key indexes.
There is no special pattern. Respecting to fib there is the 2.618 @ 1.296 but not very soon.
Short the pair looking smaller timeframes for levels. Stop loss above the resistance red line.