On this chart the long term MA's (200,100,50) are above the short terms (10 and 20), thus the long term trend is down.
A break below 1.228 Support will open the road even further for bears, all the way to 1.2247
Stochastic and MACD are bearish
Watch out for Jobless Claims News coming out later today, might cause surges on EURUSD
A break below 1.228 Support will open the road even further for bears, all the way to 1.2247
Stochastic and MACD are bearish
Watch out for Jobless Claims News coming out later today, might cause surges on EURUSD