There has been no significant support level - for the past several hours, because of the price chart continuously consolidating in a thin, narrow price range which is building up to a Bearish nose dive.
Market getting ready to change trend for a sell.
RSI signalling overbought at 75 reading.
Get in on buy and enjoy your profits.
Market often forms a double top/bottom to signal trend reversal so look out for that.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
Short opportunity present in this currency pair. Euro has been on the forefront pretty much of this year. Correction is likely.
Sell Stop: 1.395
Stop Loss: above minor resistance at 1.44
Take Profit: 1:2 risk reward
