EU MORNING WEDGE GETS WEAKER Short

Euro Fx/U.S. DollarFXCM

Description

⋅ May 28, 2015 10:25 AM

Divergence on RSI with the trend, ADX trend gets weak, breaking the wedge prepares EU for downtrend.
Breaking 200 period EMA at 1.09150 will consolidate bearish trend.
Breaking the wedge up confirms bullish EU trend

Edit:
45 minutes later, goes to 1.08950

eurodollar