fractal_trader
Short

EURUSD Hits Daily Sell Signal

FX:EURUSD   Euro Fx/U.S. Dollar
43 0 4
The Short has been triggered on the weekly for a while now, so far price didn't really get going in that direction, but they didn't stop you out either on trying to follow the overall trend direction. On Friday during the past trading week the EU went finally a little bit lower, after hitting a sell signal on the daily chart three days ago. Let's see if this will carry enough follow through to pick up the old weekly trend direction, which remains down. After the market has corrected that downmove for 1,5 years now, a new downtrend is a possibility.
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