The price has formed a candlestick pattern of an inverted hammer and proof of that like on EURUSD chart.
Stochastic RSI 1H is overbought.
I think we can form a reversal signal on the TD Sequential.
The price quickly reached a resistance level and is near a strong liquidity zone, so I don't think the correction will be strong.
I expect that the price can retest the upper boundary of the liquidity zone and grow to the resistance level .
Stochastic RSI 1H is overbought.
I think we can form a reversal signal on the TD Sequential.
The price quickly reached a resistance level and is near a strong liquidity zone, so I don't think the correction will be strong.
I expect that the price can retest the upper boundary of the liquidity zone and grow to the resistance level .