Amandatpk

Short EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
Based on the RSI analysis, EURUSD is above the 70 marks which indicate that it is overbought. This, therefore, presents a selling opportunity in the future. The MACD indicators, however, highlight and corroborate a bullish trend. This could be due to the fact that investors are speculating and leveraging on any opportunity to take profit as they await for the Fed meeting on Wednesday.
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