So bought a little today at a low point, sold at 1.19400 and gained a position in USD Bull direction of Sell. Believe that we will be going down again in the future, maybe more correction first but seems to be pretty week upside, so better to be in a downward position with all that is going on. Hope you guys are doing good as well.
The EUR / USD moved slightly lower, after hitting the resistance of 1.1975, but then recovered to trade virtually unchanged. Short term momentum indicators detect a slowdown in the downward movement by a corrective movement for high is possible. The RSI sank into oversold territory, went up and now appears to be able to get out of extreme field. The MACD also and will probably cross above the signal line. R3 - 1.20300 R2 - 1.19992 R1 - 1.19453 Daily Std. Pivot - 1.19145 S1 - 1.18606 S2 - 1.18298 S3 - 1.17759 https://bewayopa.wordpress.com/
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