FX:EURUSD   Euro / U.S. Dollar
13
EMA8 is like a "Price Magnet". When price gets this far away from EMA8 expect a "Rubberband" snapback.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.