EURUSD has started the medium term correction inside the long term Channel Up after it hit the top and made a HH. The 1D technicals may not be overbought any more but remain bullish (RSI = 60.317, MACD = 0.009, ADX = 35.910) illustrating that there is still way for the price to decline before they find a balance.
We expect that to be on the 1D MA50, unless the 1D RSI rebounds on the HL trendline. If not continue selling to the price's HL and the 1D MA50 (TP = 1.09800).
Prior idea:
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We expect that to be on the 1D MA50, unless the 1D RSI rebounds on the HL trendline. If not continue selling to the price's HL and the 1D MA50 (TP = 1.09800).
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
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Free Channel: t.me/investingscopeofficial
Disclaimer
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.