Selling overbought EUR/USD
2019-12-12 15:03:23
RSI is in overbought conditions and H4 is showing RSI divergence when price made a higher high. An immediate target is 1.10750 with extension to 1.10420. This is a short term target as another rise to 1.1180 may occur afterwards where we can consider selling towards 1.09 (which is a long term target).FX:EURUSD