EURUSD Is Bearish! Sell! EURO VS US DOLLARTRADENATION:EURUSDSignalProviderTake a look at our analysis for EURUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.168. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.164 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!