xosignals

#EURGBP, Are we nearing the end of the current wave of declines?

Long
FX_IDC:EURGBP   Euro / British Pound
A Stochastic indicator on line 7 signals the end of the declines.
The RSI is also very low on line 40, almost at the level it had in April when the eurgbp rose from 0.85-0.94.
The support line at 0.8520, 100 pips lower than the current price.
Buy in the support line area with a target of 0.8720 or buy now with the same target price (slightly higher risk)
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