landofand

EURUSD - Getting Oversold

Long
FX:EURUSD   Euro / U.S. Dollar
CCI is almost -200. i like to see it fall below -200 and then aboce -100 for confirmation that the price should be rising. We also see RSI very low (under 28). I know the ECB news yesterday is the major driver in the current fall in EURUSD, but this sudden drop has caused oversold conditions and warrants a pullback (might have to wait until monday/tuesday though!!!)

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