Price has rejected near resistance, forming lower highs.
Potential bearish divergence on momentum indicators (RSI/MACD).
Market sentiment suggests euro strength may be cooling after recent ECB hold.
Dollar shows signs of stabilization, adding downward pressure to the pair.
🔹 Trade Details:
Entry: 1.17572
Take Profit: 1.16946
Potential bearish divergence on momentum indicators (RSI/MACD).
Market sentiment suggests euro strength may be cooling after recent ECB hold.
Dollar shows signs of stabilization, adding downward pressure to the pair.
🔹 Trade Details:
Entry: 1.17572
Take Profit: 1.16946
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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.