EUR/USD:Short from Breakout 50% Fibo Dynamic Resistance SHORT

18 thg 8, 2022

EUR/USD After a Pullback on the retracement of 50% Fibo Level and the Dynamic resistance the price break also a minus dynamic trendline ( Dashed Line ) and started to follow the main trend Bearish. The stochastic is under the Overbought area, the RSI turned Bearish from previous sessions and the Value of this currency is still under also the 50 and 100 Moving average. All these clues are in favor of a new Bearish pushdown.