As you can see in the graph above, the EURUSD is coming to the downline support line that it has been on since May 2018.
Stochastic has reached the minimum possible, indicating a trend change.
RSI below 30 points also indicates a possible trend change.
The EURUSD could still drop plus-minus 50 points but we are definitely near the end of the declines.
Target: 1.0930
Stochastic has reached the minimum possible, indicating a trend change.
RSI below 30 points also indicates a possible trend change.
The EURUSD could still drop plus-minus 50 points but we are definitely near the end of the declines.
Target: 1.0930