priceprophet

Trend change. Are we going for the third attempt at 1.13?

Short
OANDA:EURUSD   Euro / U.S. Dollar
I am not a fundamentalist. The events scheduled for today started to change the chart yesterday around 1300 EST. The four hour chart began a sell down. Watching a 12 hour pause at the 21 EMA, this morning at 0500 EST, the market closed below the 21 EMA and has continued to travel down.
This is a bounce off of the 21 EMA on the daily chart and reversal.
The daily is trading below the 21 EMA and is closing painted a red candle stick (first time in 5 days).
The 4H is trading below the 21 EMA.
The 1H is trading below the 21 EMA.
Strong indicators of the bearish (short) positions.
Looking for a retest of the lows. This will be the third attempt at break 1.13



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