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CitRoN_RouGe

EURUSD – Direction to set at EMA25/EMA50 intersection

Euro / U.S. Dollar (FX:EURUSD)  
CitRoN_RouGe  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis EURUSD BTCUSD
68
8
trendanalysis eurusd btcusd
EMA25 and EMA50 approached each other. This morning’s sharp move was the reaction of the price against EMA25-EMA50 cross.

Need to watch the intersection point:
(1) If EMA25 crosses EMA50 downwards, price to move down to EMA200 around 1.1880
(2) In case EMA25 bounces from EMA50, uptrend resumes to test 1.2100 once again
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