EURUSD 1H Diagram Technical Analysis shows the following:
The EURUSD has declined under the support line. This line was a support on downtrend but now is resistance to any pull back. MACD is bearish and RSI is approaching oversold level.
In any pull back I would take short position if there is a good bearish candlesticks on Tenkan Sen or Kijun Sen resistance or on the resistance line.
The pair is under all the indexes in the 4H diagram.
Short only in a confirmed bearish candlestick after a pull back
The EURUSD has declined under the support line. This line was a support on downtrend but now is resistance to any pull back. MACD is bearish and RSI is approaching oversold level.
In any pull back I would take short position if there is a good bearish candlesticks on Tenkan Sen or Kijun Sen resistance or on the resistance line.
The pair is under all the indexes in the 4H diagram.
Short only in a confirmed bearish candlestick after a pull back
