EUR / USD: D1 Downtrend and medium Choppy;
Price action: Pin bar at the resistance levels. The inner bar is activated to fall, after the price has passed below 1.1281;
Deeper bottom, possible change in short-term movement towards downtrend;
The last two bars are corrective on the downward movement, which gives us a better place to position a new "Sell" around 5 EMA;
Divergence: Higher peak in price and lower in DeM and RSI indicators;
Price below the moving averages arranged in a bearish formation;
RSI below 50 for Sell
CCI (50) below 0
SL: 1.1323
Sentiment: The proceedings from the Fed's last meeting will increase the possibility of USD growth;
Stephen D. Angelov - Head of Stocks Trading
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