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EUR/USD SHORT FROM RESISTANCE

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Euro / Dolar A.S. (FX:EURUSD)  
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FX:EURUSD   Euro / Dolar A.S.
Trend Analysis Chart Patterns Wave Analysis EURUSD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

EUR/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.088 area.

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Penafian

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