Kumowizard

Some minor positive divergence at key resistance

FX_IDC:EURUSD   EURO / US DOLLAR
85 0 7
Daily:
- Ichimoku is bearish , but textbook validation needs a close below previous low of 1,0960
- Hekin-Ashi is bearish , but DM_Oscillator may be a question for bears. haDelta also hit quite an extreme low few days ago.
- EWO is bearish but value is at extreme low.
- MACD is bearish

4H:
- Bearish Ichimoku setup
- Heikin-Ashi just a small bullish swing so far, but
- haDelta, Oscillator, and EWO all started to build some positive divergence.

Bears are in control until price is below 1,1150, but right now it is not the level you want to chase the move any further and enter short position. Consolidation or some form of pull back is possible before ECB.
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