EURUSD Downtrend Potential for FX_IDC:EURUSD by saintofficial — TradingView

Indicators Used:
ichimoku Cloud
Bollinger Bands

Resistance Zone reacted and price is above high bollinger band . Which means price could go into a downtrend to the 50 MA at least or lower bollinger band . Supertrend did not indicate a bearish arrow yet; however, supertrend usually indicates a late.

Read more…