Finally we get a breach of 1.07800 to establish some movement. I was hoping this happened 2 days ago but nonetheless less we have a breach.
MACD and signal on 1 he chart crossed that zero line. The MACD and signal on 2 hour chart is set to cross 0 line as well in close proximity of the MACD 1 hr 0 line cross. MACD and Signal on 3 and 4 hr chart are fanning out nice to make a 0 lome cross. Expect an explosion of downward momentum at market open.
This pair doesn’t often open with gaps so I am not expecting to be thrown off with gaps.
I attached my EURCHF analysis from the beginning of the week and you can see my frustration with 1.07800
MACD and signal on 1 he chart crossed that zero line. The MACD and signal on 2 hour chart is set to cross 0 line as well in close proximity of the MACD 1 hr 0 line cross. MACD and Signal on 3 and 4 hr chart are fanning out nice to make a 0 lome cross. Expect an explosion of downward momentum at market open.
This pair doesn’t often open with gaps so I am not expecting to be thrown off with gaps.
I attached my EURCHF analysis from the beginning of the week and you can see my frustration with 1.07800
