As Explained yesterday
The release of yesterday's news ( CPI ) doesn't change our general Vision of the price, today the market opens with a bearish impulse by the EURO, and the price in the H12 timeframe had a pullback on the 100 sma after retesting the 50% Fibo level on the resistance area ( White rectangle ) and the Stochastic ( In Divergence ) finally is out the overbought area ready to drop. Same Divergence in RSI gave a sign for a bearish looking. In general, looking at the chart we can see clearly all the clues are on the Bearish side for the EURO.
The release of yesterday's news ( CPI ) doesn't change our general Vision of the price, today the market opens with a bearish impulse by the EURO, and the price in the H12 timeframe had a pullback on the 100 sma after retesting the 50% Fibo level on the resistance area ( White rectangle ) and the Stochastic ( In Divergence ) finally is out the overbought area ready to drop. Same Divergence in RSI gave a sign for a bearish looking. In general, looking at the chart we can see clearly all the clues are on the Bearish side for the EURO.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.