EURUSD Short to demand
Updated
Just off the strength of the fact that a downswing under the slow MA (in yellow) hasn't come for over 3 days. Prices have been slowly pushing higher, but yesterday we saw a big rejection of the regression line (in blue). Please forgive all of the craziness on the chart, it's for an automated strategy I'm working on. I see price breaking through the slow MA, whether it stays down there, I don't know but that looks like where we're heading. We'll see if price can pull that green MA below it.
Note
Too easy! 60 pips taken
Disclaimer
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.