EUR/USD has been on an uptrend recently. Bollinger shows no signs of trend reversal. Fib level was tested and held. However RSI shows oversold conditions, while SMA and MACD show possible trend reversal. Long term traders should wait for more data as the pair will likely continue the uptrend, while day traders might short it for a few pips profit.
Note
Parabolic SAR shows sell signal.
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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.