UDAY_C_Santhakumar

EURUSD - Concept of Acceleration / Deceleration

FX:EURUSD   Euro / U.S. Dollar
4
Trendlines can tell you the entire story. If Trend Lines are getting steeper from a base, MACD (momentum) Indicators are bullish. When the trendlines starts to flatten out after a steeper move, There will be a divergence. Also remember, indicators have look back period, When you draw a trendline, you can feel the chart.

Watch for the Trend Line to break to retest a good support.

GL.

Uday C Santhakumar
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