EURUSD taking retrace towards 1.4600
EURUSD
EURUSD is currently taking some retrace towards its 1.4600 level. And 1.4600 seems a very good level for selling and we might see EURUSD resuming its downwards trend from 1.4600 level. RSI is a bit on the lower side around 34 and that is the reason EURUSD is being pushed up but after retracement towards 1.4600 level, RSI will also open up considerably and will have enough space for EURUSD to make a move towards 1.4500 level.
Trade:
Sell EURUSD @ 1.4600 with Stop @ 1.4655 and Take Profit @ 1.4500
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