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Once again EU has met resistance at 1.164. After NFP release, EU dropped 100+ pips south before rallying again only to be met with the same level of support at an overbought condition. It is also overbought on all timeframes excluding the 4hr chart on stoch rsi. Will EU go down from here? My likely guess is that it does.
Once again EU has met resistance at 1.164. After NFP release, EU dropped 100+ pips south before rallying again only to be met with the same level of support at an overbought condition. It is also overbought on all timeframes excluding the 4hr chart on stoch rsi. Will EU go down from here? My likely guess is that it does.
