The EUR/USD, the reversal of property, remain bearish




The price has started to reverse the property of our sales area. We remain bearish below major resistance at 1.1666 (Fibonacci retracement, horizontal recoil resistance, breakout of the zone, the bearish divergence) for an additional impulse to the rear, low at 1.1572 of support (Fibonacci extension, horizontal swing low support).

Stochastic (21,3,1) is down as well with good downside potential. Bearish Divergence vs. price signals that a reversal is imminent.

Sell below 1.1666. Stop loss is at 1.1738. Take profit is at 1.1572.



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