EURGBP making HIGHER LOWS

٢٨ أكتوبر ٢٠٢٢

EURGBP is making HL, and with a support tested at October 17th, now with 3 HL we've the perspective about a short position, if more than one full boy candle cross the support. Because we've a descending triangle, but we need stronger candles to prove the short position, in fact of the support was tested during Tokyo and Sydney sessions, however the trend made another HL when testing the resistance

MACD is also crossing again and will go down again, and with EMA we can see the line crossing the middle BB.