EURUSD Hidden Negative Divergence Suggests Further Down
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Again similar situation as the AUD or NZD this likely pulls back to new lows? We can not say at this time. What we can see is weakness in this move up for the EUR. This is not a time to go long on the EUR.
Note
Is that an ABC pattern in the works? Possibly. The trading has been very difficult. If you are not experienced to trade quick its best to just stay out
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.