EURUSD reached resistance zone, which is also our 0.50 fib level.
We also have a bearish rsi divergence, which is a sign for a trend reversal.
Price also broke our bullish trend line.
Risk Reward ratio is good ( risk 1 get 2.6 )
If you want more confirmation on this one, wait for price to close under 1.10600 ( 0.382 fib retracement )
We also have a bearish rsi divergence, which is a sign for a trend reversal.
Price also broke our bullish trend line.
Risk Reward ratio is good ( risk 1 get 2.6 )
If you want more confirmation on this one, wait for price to close under 1.10600 ( 0.382 fib retracement )