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Anbat
Jan 29, 2017 1:50 AM

EURUSD- Bearish Rest Of Jan Short

Euro Fx/U.S. DollarFXCM

Description

From EURUSD daily chart the following:

1) PA has not been able to go higher then 1.07600 this last week
2) RSI broke red trend line, so momentum change
3) CCI is below O (Zero or neutral), so supply is greater then demand now.

(Note) On shorter trades from 5 minutes to 15 minutes will be doing bear trades at resistance areas.
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