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EU may stop rising soon. Closes to W1 downtrend!
EURUSD
, 1W
Short
EURUSD: EU may stop rising soon. Closes to W1 downtrend!

1. Key points for reversal coming: The bullish wave on the weekly (W1) timeframe has been rising for quite a long time and has extended significantly. It is approaching the downtrend zone on the weekly/monthly (W1/MN) chart. There is a twisted Kumo top in the Ichimoku Cloud, indicating potential indecision or reversal. The current structure may be forming the...

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