EURUSD 4H Diagram Technical Analysis shows the following:
The EURUSD after some consolidates under the KUMO (4h) reacted and now is between Tenkan Sen support & Kijun Sen resistance. MACD is bullish w/divergence and RSI is approaching 50..
The first think in mind is that the KUMO resistance is very thin.
There is no special candlestick pattern.
Respecting to fib there is the 1 @ 1.2928 resistance.
Long above Kijun Sen (blue) short under Tenkan Sen (Green).
The EURUSD after some consolidates under the KUMO (4h) reacted and now is between Tenkan Sen support & Kijun Sen resistance. MACD is bullish w/divergence and RSI is approaching 50..
The first think in mind is that the KUMO resistance is very thin.
There is no special candlestick pattern.
Respecting to fib there is the 1 @ 1.2928 resistance.
Long above Kijun Sen (blue) short under Tenkan Sen (Green).
