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EUR/USD:PRICE ACTION ANALYSIS | DOWNTREND | SHORT 🔔

āļĨāļ”āļĨāļ‡
FX:EURUSD   āļĒāļđāđ‚āļĢ / āļ”āļ­āļĨāļĨāļēāļĢāđŒāļŠāļŦāļĢāļąāļāļŊ
Yesterday after the release of news of the FOMC the Euro push again the price to 1.0220 but our vision remains Bearish because the price can retest the dynamic Neckline of the Head & Shoulders pattern and drop down following the main trend which is in downtrend. Also, we can see the stochastic indicator moved to overbought levels with a divergence from the last swing, this is a clear additional signal for a sell.

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