The EURUSD is after a wick downtrend, also, the divergence on the CCI indicator indicates that the bearish momentum lost power, I'll wait to see if the price Will break out the resistance above, and if so, I'll look for price action setup for buy position, my target will be the resistance at the top.
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The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
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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.