EUR/USD: Short from resistance and 50% Fibo + Divergence SHORT

١٦ أغسطس ٢٠٢٢

Also, EUR/USD as forecasted yesterday had a Bearish impulse following our Idea on technical analysis about rejection on the 50% Fibo Level with the confluence of the Dynamic trendline and Resistance Area. The Stochastic showed a Divergence in Overbought and the RSI working on the Bearish side. As the result, the price is falling...