AbedEkhlaspoor

EUR/USD at resistance

Short
AbedEkhlaspoor Updated   
FX:EURUSD   Euro / U.S. Dollar
Considering that the dollar index is on the line of its long-term upward trend in the weekly time and also that the euro is in the resistance of a medium-term channel, it seems that we have a short-term correction in response to this resistance.
Comment:
The Rsi indicator is in the overbought area or close to it in all time frames.
Buy positions in this area is very risky !
Trade active:
on its way down :)
Comment:
nice move !
here is the key point!
a strong reverse is happening and can go for a bull retrace
Comment:
target is here !
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