Euro / U.S. Dollar
Short

EURUSD Confirmed sell signal with MA50 (1d) confirmation

185
EURUSD broke below the MA50 (1d) for the first time since August 2nd, which is a technical sell signal.
The MA50 (1d) has been the pivot of the Ascending Triangle and every break below it has delivered more downside.

Trading Plan:
1. Sell on the next rebound to the MA50 (1d).

Targets:
1. 1.078000 (Support A).

Tips:
1. The MACD (1d) is posting the same pattern of the December top. Technical sell signal.

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Notes:
Past trading plan:

EURUSD Bearish Megaphone. Will it break out?

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