ankurlakhotia

EURUSD - Looking for a short term top

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
EURUSD has been on a tear taking major shorts for a ride. At present prices have approached the resistance zone with weekly RSI hovering around 70 which has not been sustainable since past 7 years. A good short trade can be opened here for a decent risk to reward ratio.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.