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User0856

EURUSD to continue down trend to 1.1141

Short
Euro / U.S. Dollar (FX:EURUSD)  
User0856  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis EURUSD eurusdshort Technical Analysis forecast Forex
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trendanalysis indicator beyondta eurusd eurusdshort technicalanalysis forecast forex
EURUSD is in global and local down channels.
D:
- Heikin Ashi confirms down trend, though weakening
- MACD confirms down movement, RSI+Stoch RSI show no oversell so far
3H:
- EMA 15 below 30 confirms local downwards trend
- MACD shows correction upwards, with divergence and a possible breakthrough from local channel upwards, with no strong supportive background though.
- RSI+Stoch RSI show no oversell
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