EUR/USD:SELL From 61.8% FIBO Stoch+RSI DIV Overbought SHORT para PEPPERSTONE:EURUSD de FOREXN1

EUR/USD:SELL From 61.8% FIBO Stoch+RSI DIV Overbought SHORT

EUR/USD from our previous Idea the price has a deeper retracement and now, in the H4 Timeframe we can see some important details/setup. The price has touched the 61.8% Fibonacci level in the confluence of the dynamic trendline of the bearish channel and as you can see, the stochastic indicator shows a Divergence in overbought from the previous swing high, same for the RSI. Our view follows the primary trend, a bearish one, Looking for a new SHORT setup.

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