TheSignalyst

EURUSD top-down analysis

Short
FX:EURUSD   Euro / Dollar Américain
on DAILY: EURUSD is sitting around a strong support/resistance zone so we will be looking for objective sell setups on lower timeframes

on M30: price is forming a channel in orange, so we are waiting for a new swing to form around our lower orange channel and then sell on its break downward.

we also have divergence on MACD adding more confluence to our sell setup

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