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Tom_Wambsgans

EU Update

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
Tom_Wambsgans  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
3
1
trendanalysis chartpattern indicator
Analysis from last week still holds. EU has started it's correction to 1.15 zone longer term.

EU Bearish correction:

-month long negative divergence (on both RSI and MACD)
-huge (green) trendline REJECTION
-bullish channel has pivoted to bear channel (yellow trend lines)
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