FX:EURUSD   Euro / U.S. Dollar
Finaly the yearly pivot of 2016 is hit.
the trendline is broken and the rest of the indicators are yelling up.
Could this be the start of the move up?
i would stick with the trend
Reply
ahelfensteijn wonsukchoi
It is really in a big sideways move ranging. Probably it is on its way down to the lower band. But also it is time to break this sideways movement and make a comeback.
If you hear the news about dollar index, ger30 and SP500, they think it will move down. these are very connected with the eurusd or vice versa.
so it is not bad to be positive and think of a change in the trend.
But I am not an expert, just a simple trader to earn a bit of money. :))
Reply
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