EURGBP rebounded from strong supply zone at level 0.8592
Price is below HVN at level 0.8568 which indicates that pair is in distribution phase
RSI reached overbought region
Moving Averages on MACD shows intersection for opening short trade
It's expected for coming bearish wave to target first key level at 0.8389
then target demand zone at level 0.8281
Price is below HVN at level 0.8568 which indicates that pair is in distribution phase
RSI reached overbought region
Moving Averages on MACD shows intersection for opening short trade
It's expected for coming bearish wave to target first key level at 0.8389
then target demand zone at level 0.8281
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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.
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.