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victorlamadrid
Feb 21, 2020 7:25 AM

Still a downtrend on the EUR/USD 

Euro Fx/U.S. DollarFXCM

Description

I'm using a 200 EMA and 50 EMA trend indicators. So far, most of the time frames suggests a short trade. In the 1 hr time frame, price is below the 50 EMA which suggests that is a short environment for the pair.

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The pair shot up last Friday like there is no tomorrow! Still, the premise of this pair on most time frames (W, D, 4H) is down.
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