EURUSD has spiked up and hit a major resistance point where we expect price to correct back down towards the trendline.
RSI is signalling overbought and price is at the top of its local channel.
Looking to short with TP at the first support level and SL above the local high.
RSI is signalling overbought and price is at the top of its local channel.
Looking to short with TP at the first support level and SL above the local high.
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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.