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EliteTradingSignals

EUR/USD SENDS CLEAR BEARISH SIGNALS|SHORT

Short
Euro / Dollar Américain (FX:EURUSD)  
EliteTradingSignals  
FX:EURUSD   Euro / Dollar Américain
Trend Analysis Chart Patterns Wave Analysis EURUSD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

EUR/USD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 1.054.

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