CapitalHillFX

Sell Opportunity on EURUSD

Singkat
OANDA:EURUSD   Euro / Dolar A.S.

Looking at EurUsd, we could notice on the daily charts that ever since we've approached the Monthly Non-Horizontal Resistance Level, we've established bearish market structure. With this being said, it seems the sellers have predominately taken over.

Scoping into the 4H charts, price has just recently broken a significant level of interest and is currently retesting it as potential resistance. If we could identify some bearish sensitivity away from this level, I'll be looking for potential sell orders.

Penafian

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