Technical analysis :
- Bearish channel
- Return to the top of the bearish channel
- Return to the 0.5 FIBO of the last bearish impulse
- The price has broken a small bullish trendline
- We also see bearish divergence H1 and a double top H1.
A correction on FIBO could provide a selling opportunity.
Retail sentiment: 23% on sale
Watch out for Powell's speech tomorrow.
And I don't really like trading EURUSD. So I will take a risk of 0.75%
- Bearish channel
- Return to the top of the bearish channel
- Return to the 0.5 FIBO of the last bearish impulse
- The price has broken a small bullish trendline
- We also see bearish divergence H1 and a double top H1.
A correction on FIBO could provide a selling opportunity.
Retail sentiment: 23% on sale
Watch out for Powell's speech tomorrow.
And I don't really like trading EURUSD. So I will take a risk of 0.75%