EURUSD: Strongest sell opportunity since April.

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EURUSD: Strongest sell opportunity since April.EUR/USDOANDA:EURUSDInvestingScopeEURUSD turned marginally bullish on its 1D technical outlook (RSI = 57.361, MACD = 0.003, ADX = 33.340) but remains neutral on 1W (RSI = 52.888) as it is still on a long term downtrend (Channel Down) and for the 3rd week trading around its 1W MA50. Even though it could rise to as high as 1.17000, the next bearish wave should dominate the price action next. A new -4.40% decline can put the 1W MA200 for testing (TP = 1.12500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##