owen6alexander
Long

EURUSD potential reverse

FX:EURUSD   Euro Fx/U.S. Dollar
29 0 5
It looks to me like the EURUSD             might be on its way back up pretty soon. It has been overbought for almost two weeks now, and there is an approaching MACD crossover as well as a crossover the EMA . Big shopping season may or may not slow this down, but I see a long opportunity coming up here. RSI , EMA , and MACD crosses have historically all lined up before runs up or down, especially for this exchange. I will be looking for those inevitable crosses. I see fairly quick rises back to 1.10, maybe higher. Might be the last buy signal we see for a while for the Euro             .
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