Junkie...I don't trade FOREX much but one could draw a trendline
above the recent highs which would equate to a move above the 9 day
EMA. There is some divergence on daily but that has yet to
lead to a sustained bounce. Maybe we will see a sell the news event
(Sell US Dollar) following a rate hike..who knows the catalyst.
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Junkie...I don't trade FOREX much
Euro Dollar Daily
Posted by steve on 25th of Nov 2015 at 09:15 am
Junkie...I don't trade FOREX much but one could draw a trendline above the recent highs which would equate to a move above the 9 day EMA. There is some divergence on daily but that has yet to lead to a sustained bounce. Maybe we will see a sell the news event (Sell US Dollar) following a rate hike..who knows the catalyst.