Another major bearish signal has flashed. All 6 moving averages have crossed both the Bull Market Open Price and Point Of Control. As we mentioned earlier this year, this usually signals the beginning of a short-term bearish trend up until the halving. Watch to find out more!
Hi All, my main 3 take-outs from this analysis are the following:
1- EURUSD is approaching the support area of 1.11 (actually it would be between 1.10 and 1.11) which is historically relevant
2- The cross is also trying to test the descending red long term trendline, which was brocken in August 2020 with volumes
3- The RSI in the weekly chart is in oversold...
