The 2016 July lows stopped the decline yesterday.
I'm waiting for ECB to call the EurUsd bottom this week. The decline slowed down. All the indicators are showing divergencies.
TSI is coming back from 2015 October levels. MACD has turned up from near- Brexit levels.
We might have the bottom in or we could have one more fast drop down below 2016.07.24 lows.
I don't think the 2016.06.24 (Brexit) lows could be taken out.
I'm waiting for ECB to call the EurUsd bottom this week. The decline slowed down. All the indicators are showing divergencies.
TSI is coming back from 2015 October levels. MACD has turned up from near- Brexit levels.
We might have the bottom in or we could have one more fast drop down below 2016.07.24 lows.
I don't think the 2016.06.24 (Brexit) lows could be taken out.
Comment:
I think we bottomed with the hammer in the last hour.
Comment:
Finally they broke the brexit low. What a panic selling it was !
Buying here.