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WBEclipse

EUR USD continuation of the downtrend

Short
Euro / U.S. Dollar (FX:EURUSD)  
WBEclipse  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators
0
1
trendanalysis indicator
Looks to me for the resistance of the channel to holding well. I don't see this pair going up anytime soon, we had a little fakeout but nothing to be surprised of.
The RSI indicator now at 57.79 is crossing the RSI MA based to the down. I can think then there still room for bearish sentiment for this pair.
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