Candlestick_OB

j.Hejazi | EURO index Sell Signal Watch

Short
PEPPERSTONE:EURX   EUR Currency Index
The price attempted a false break out of the ascending wedge and was rejected by the yearly resistance at 1033, leading to a downward move. A divergence is evident on the MACD indicator. In order to consider a sell signal, we need to wait for the price to break down to 1025.5

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