FxAnalysis7

EURO/USD price is below 20, 50, & 100 EMA

Short
OANDA:EURUSD   Euro / U.S. Dollar
Currently Euro/usd price is below 20, 50 & 100 Exponential Moving Average which indicates the chances for short in 4 hours time frame, further today news for Core PPI and Fomc may direct the market for a long term momentum in short.

The US Dollar (USD) is the world’s dominant currency and the Euro (EUR) is the second most-traded.
As a result, business in EUR/USD accounts for almost a quarter of trading in global foreign exchange markets according to the BIS triennial report, which covers institutional trading.
EUR/USD is a highly liquid pair.
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