EURUSD to drop on this weak RSI structure but buy afterwards
EURUSD is trading inside a Bearish Megaphone. The 4hour RSI's rejection on the 3 week Falling Resistance indicates short term weakness.
The upcoming pull back will most likely price the Higher Low on the long term pattern which is a Channel Up.
Buy near 1.0800 and target 1.10300 (Resistance A).
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The upcoming pull back will most likely price the Higher Low on the long term pattern which is a Channel Up.
Buy near 1.0800 and target 1.10300 (Resistance A).
Follow us, like the idea and leave a comment below!!
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