SiriusTrading

MAJOR PAIR TRADE - EURUSD - Monday trade

Short
FX:EURUSD   Euro / U.S. Dollar
FREE ANALYSIS ON EURUSD

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45 Min
EURUSD has just made a nice pull back to the previous support level now turned resistance.
Now things to consider:

1. Volume reducing as price is increasing
2. MACD is now supporting a classical bearish divergence
3. Price is also within range of the 200 Moving Average.
4. Stoch RSI now crossing over.

Wait for break in trend line for sell down.

OVERALL
expecting More downward move on this pair.

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