144.110-144.220 are strong resistance levels, those levels even seem pegged if you check H4 properly but let's not dwell on that.
Reasons for this short idea:
1. Divergence from the action of price
2. Price almost at a psychological level
3. EUR fundamentals (news release) are poor as at Frankfurt session
4. RSI at overbought levels
Enter this position with proper risk & money management and do not over leverage your account !.
Reasons for this short idea:
1. Divergence from the action of price
2. Price almost at a psychological level
3. EUR fundamentals (news release) are poor as at Frankfurt session
4. RSI at overbought levels
Enter this position with proper risk & money management and do not over leverage your account !.