This is the 4 HOUR chart
EURUSD has reached this key resistance level and is likely to head down from here...this resistance has been previously tested as you can see on my marked up chart. It's also VERY much oversold on the 4 HOUR & 1 HOUR chart.
I will be entering for a sell order.
1.13930 would be a good stop loss, in my opinion.
Trade wisely and happy trading!
EURUSD has reached this key resistance level and is likely to head down from here...this resistance has been previously tested as you can see on my marked up chart. It's also VERY much oversold on the 4 HOUR & 1 HOUR chart.
I will be entering for a sell order.
1.13930 would be a good stop loss, in my opinion.
Trade wisely and happy trading!