Euro / Dollar ASPenjualan
End of rally?
EURUSD has corrected rapidly in last couple of weeks to slightly above 1.04 now. This level coincides with some resistance levels, like the 200d MA and a fibonacci retracement level. Also, the RSI is around a level of 70, which may point to some resistance. Finally, there is also a (very) weak downward sloping trend line, but it's hard to consider this trendline significant.
For short term position a short position could be considered.
For short term position a short position could be considered.
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