beng86
Short

Coming to the end? Lots of quetions - few answers

FX:EURUSD   Euro / U.S. Dollar
248 0 0
The ride has continued on the lower half of the trend, Looks like we have stalled at the current level but could we soon resume to the bottom of the trend? the next question is what happens from there. The RSI won't show any divergence vs 17/09 (red lines) - could this suggest the downwards trend continues. However looking back a little further to 9/09 (Blue lines) the MACD , unless we see a large downward movement is likely to produce some divergence.

Bit futher to go for now but one to keep an eye on.
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