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MFF88

Reversal at MA50

Long
Euro / U.S. Dollar (FX:EURUSD)  
MFF88  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Trend Lines Multiple Time Frame Analysis
1
0
trendanalysis trendline mtfa
the reversal is showing its sign:
I. Divergence on MACD (H4)
ii. Oversold on RSI and stochastic(H4)
iii. Rejection at MA50 (D1)
iv. Candle reaches the bottom of descending line.

I predict the price will rebound from MA50 to at least 1.22.
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