EU has been in a bearish trend for some time now. Got a nice rejection off of the 1.09341 area. Looking to ride it down to my next level of support which is at 1.08198. The MACD4C shows a lot of bearish pressure as well. Ideally I Would love for my MACD4c to cross upwards so I can get a higher entry. If my MACD does cross over the 0.000 I am expecting price to push back to the zone it broke out of and reject off of my black trend line.
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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.