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Euro / U.S. Dollar

EURUSD

By dericksim
For those waiting to short the Euro, don't even bother with the daily chart. 4H chart running out of space for another leg down. For the past 3 candles, since MACD produced a dead cross has there been any effect to the price? Just wait for a couple more candles for the indicators to adjust and the uptrend should resume. Whether the trend can hold, just look at RSI 50 will do. Cheers and happy weekend.

snapshot
EURUSDMoving Average Convergence / Divergence (MACD)Relative Strength Index (RSI)
dericksim

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