EUR/USD: Potential swing trade short

2023년 5월 15일

The 10hour chart remains within an established downtrend within a bearish channel. Prices retraced towards the daily pivot point and upper trendline whilst a bearish RSI divergence formed on RSI, yet volumes were notably lower to suggest the rise was corrective. Momentum has turned lower, so perhaps the swig high has already been seen.

- The bias is bearish below 1.0890
- Bears can target the daily S1 pivot for an initial target, although the daily