orvilleawright

NEUTRAL EURGBP Daily: Sideways price action

Long
FX:EURGBP   Euro / Livre Sterling
Nov 10 2015: NEUTRAL EURGBP Daily: Sideways price action
(Analysis Based on Daily chart)

Observations
1.Price trading sideways after a sharp down move
2. Short term up channel
3. Potential head and shoulder
4. RSI oversold at swing low
5. RSI hidden divergence

NOTE: Wait for price action to confirm the importance of these levels.

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