#EURUSD, Signal against the contemporary trend
The eurusd is still in the down channel but manages to stay above the 200 moving average line.
Stochastic and RSI Both of these indicators are already very low which usually means we are nearing the end of the declines.
We expect the EURUSD to drop and stop on the 200 moving average line at 1.1065 and then come back up
Target: 1.1140
Stochastic and RSI Both of these indicators are already very low which usually means we are nearing the end of the declines.
We expect the EURUSD to drop and stop on the 200 moving average line at 1.1065 and then come back up
Target: 1.1140
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