EURUSD Bearish Divergence calling for sell.
EURUSD has so far double topped on the Resistance A level.
At the same time the 1day RSI is on Lower Highs, which is a Bearish Divergence.
The last Bearish Divergence was on the December 28th 2023 high with the rejection that followed extending all the way to the 0.618 Fibonacci level.
We expect a similar sell off, targeting 1.07700 (Fib 0.618).
Previous chart:
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At the same time the 1day RSI is on Lower Highs, which is a Bearish Divergence.
The last Bearish Divergence was on the December 28th 2023 high with the rejection that followed extending all the way to the 0.618 Fibonacci level.
We expect a similar sell off, targeting 1.07700 (Fib 0.618).
Previous chart:
Follow us, like the idea and leave a comment below!!
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