syedandi

EURUSD Short

Short
FX:EURUSD   Euro / U.S. Dollar
1 hour EMA 12 Crossing below MA 26
4 hour EMA 12 Crossed above MA 26 - however it did so not at an overbought RSI condition
Due to high volatility of the EURUSD pair, we use linear regression over the 3 months range.
As the price trend did not cross below the linear regression line below we cannot expect a resurgence to the upside just yet.
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