Hi Forex people,
Today, I noticed bearish divergence at 4H timeframe of EUR/USD (see image). Price is performing Higher highs whereas indicator is showing Higher Lows. I think, next week, we can witness bearish action for EUR/USD pairs.
As for the fundamentals, next week on Tuesday we are waiting for German employment data. I think, bearish action may happen if data wont meet expectations.
I would be very pleased to see your comments before making decision