EURUSD: Could the bottom be in?
EURUSD broke the recent support on the 22nd and could see further downside with the MACD crossover and RSI divergence as confirmation. Looking for a confirmation of the trendline such as a bounce or higher lower as a sign that the bottom may be in after the long selloff since last year. I have little experience in forex and so I am doing this chart for personal experience and since a chart is a chart it should behave in a similar manner to equities.
As always, feel free to comment and share any opinions/criticisms.
As always, feel free to comment and share any opinions/criticisms.
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