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tigo2020
Oct 25, 2015 11:18 AM

EURUSD - Pullback expected then down move expected 

Euro Fx/U.S. DollarFXCM

Description

Still expecting more downside in EURUSD to 1.085 area. However, we might see a bullish run to 1.1120 area before facing another leg down to 1.085.
As you can see, we have a bullish divergence between price and RSI . Price is making a lower low while RSI made a higher low.

Short term - Bullish
Long Term - Bearish
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