Divergence on RSI with the trend, ADX trend gets weak, breaking the wedge prepares EU for downtrend.
Breaking 200 period EMA at 1.09150 will consolidate bearish trend.
Breaking the wedge up confirms bullish EU trend
Edit:
45 minutes later, goes to 1.08950
Breaking 200 period EMA at 1.09150 will consolidate bearish trend.
Breaking the wedge up confirms bullish EU trend
Edit:
45 minutes later, goes to 1.08950
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Related publications
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.