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Aracalemalade
Jul 3, 2015 7:39 PM

short eurusd based on rsi 250 periods Short

Euro Fx/U.S. DollarFXCM

Description

This chart is quite interesting we could see some pull back on a rsi 250 . eurusd is still under its 250 moving average. So I think we are just in a consolidation trend and the bearish trend should be back soon as the slope of the moving average is really negative. we should do at least a double bottom and go towards 1.04. A break out of 1.04 and we will see the parity.
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