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Bearishindicator

Updates: Sell signal of Euro Hello guys, in this technical analysis, it's my second updates, so, the previously technical analysis I see that was discard, because the par is not in the demand, we are in the bearish, because in Daily timeframe I mentioned previously that we could see a possible short position, so this is a great short position and my target profit is 150 pips approximately in the 0.382% of Fibonacci. Look below This is a bearish divergence in the price action and RSI, both make a bearish movement strongest. So, about the fundamentals, I mentioned that in Euro/Sterling Pound that Euro is struggling to fight agains the rivals as Australian Dollar, Canadian Dollar, New Zeland Dollar, Jen Japanese, US Dollar, and other par tat you know. So, I put in short postion until the $1.1596 USD, that is my traget profit. Then, it's the H1 timeframe and we see that situation of what they show us.
Short
by harisonhbn9718

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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