i m showing here a very interesting chart for the EUR.USD , that's the 2 hours chart showing a possible end for this strong up move , divergence already forming on RSI OSC and MACD intersection on such a high overbought level giving strong signal of a coming ret. , i m seeing another push higher to that resistance zone shown on the chart from 1.2630-40 to 1.27 , i m seeing a very strong resistance there as multi FIB. level lies there and with this trend falling deep into the overbought levels its very very unlikely to me to break up on such conditions , the RSI on te daily at a level not seen since the start of the crash down from 1.51 so i ll be little cautious for calling a bearish extreme case to new lows but i m seeing at least a reasonable correction to relief the trend from this overbought levels before deciding where to go
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