EURUSD Sell under the 4hour MA50, buy over it.
EURUSD is trading inside a Channel Down on the 4hour time frame with the price near its top and the 4hour MA50.
As long as it closes the candle under the 4hour MA50, sell and target Support at 1.06710 on the short term and the bottom of the Channel Down on a -1.17% decline at 1.06200.
If it closes a candle over the 4hour MA50, buy and target the 4hour MA100 at 1.0800.
Previous chart:
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As long as it closes the candle under the 4hour MA50, sell and target Support at 1.06710 on the short term and the bottom of the Channel Down on a -1.17% decline at 1.06200.
If it closes a candle over the 4hour MA50, buy and target the 4hour MA100 at 1.0800.
Previous chart:
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