Euro / U.S. Dollar

Short

EURUSD reversal?

Updated

EURUSD divergence on 4hr chart , possible reversal , price need to cross 1.1309 and 100Hr MA .

Note

1.1309 broken. next to test 1.2937 support.

Note

support tested next will be back up to test resistance 1.1309 , former support.

Note

broke 1.1293, retest it as resistance

Note

price now testing 200Hr MA. cross for more bearish.

Note

200Hr Ma broken, next to test 100Day MA

Note

us retail sales as catalyst for the push

Note

reversal is 50% thru. momentum shld carry some it down some more pips. for a break for lower low , next week FOMC is key. Should Fed signal they are open to cuts, EURUSD will rebound. if no signs of cuts, more wait and see, then potential for more down side

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