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So far price has stalled from advancing beyond 1.162. EU has held this area as former support as you can see in my screenshot as well as resistance. It's hard to determine as this is on the 4hr chart and both this chart as well as the 1hr chart are not in "overbought" condition Stoch RSI-wise. Price is considered overbought if it's above 80 on Stoch RSI and at this moment that is not the case for the 4hr and 1hr chart. It's clear this candle will determine whether price advances any further and dips again from here. I'm holding a neutral perspective in this neither long nor short, just want to get this out there if you see any trading potential here.
So far price has stalled from advancing beyond 1.162. EU has held this area as former support as you can see in my screenshot as well as resistance. It's hard to determine as this is on the 4hr chart and both this chart as well as the 1hr chart are not in "overbought" condition Stoch RSI-wise. Price is considered overbought if it's above 80 on Stoch RSI and at this moment that is not the case for the 4hr and 1hr chart. It's clear this candle will determine whether price advances any further and dips again from here. I'm holding a neutral perspective in this neither long nor short, just want to get this out there if you see any trading potential here.