EUR-USD is in an important phase, from here it can return above the resistance and go up to 1.11 - 1.12 or it can continue below the resistance from 1.10 and reach 1.090 where it is an important support.
If it will be broken, I have a SHORT order at 1,089 with take profit at 1,068.
The important thing is to close the day under the 1,090 resistance.
Also , look at the RSI, its over bought from many long time, so the demand will be lower if the price will grow after 1.11.
If it will be broken, I have a SHORT order at 1,089 with take profit at 1,068.
The important thing is to close the day under the 1,090 resistance.
Also , look at the RSI, its over bought from many long time, so the demand will be lower if the price will grow after 1.11.
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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.