EURUSD: Watch out below

FX:EURUSD   Euro / U.S. Dollar
Today the EURUSD             sunk through both the 20 day moving average and a supporting trend line going back to early March of this year. Adding to the bearish picture, we have multiple upside attempts over the last 10 days getting slapped back, the MACD crossing under, an RSI that's diving, and today's close below the highs and closes of the February and March 2016 peaks. Also, given that the pair has been tightly coiled up for about 10 sessions around the 1.14 level, the release of that potential energy could somewhat exaggerate the downside momentum. Perhaps we will finally see some USD strength to give those starving bulls something to chew on?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out