EUR/USD: Short from 50% FIBOPullback Trendline Resistance SHORT

2022年8月19日

Also for EUR/USD our Analysis comes true with the EUR after a Pullback on the 50% Fibonacci with the confluence of the Dynamic trendline and the Resistance area continues his falling following the Main trend. The Setup as we showed is a Pure Swing trading. The Stochastic seems ready to drop in the range area after the Overbought scenario and the RSI after a Divergence is still on the Bearish side.