Stumbling the EURUSD legs by the day
July 7th - London morning action.
On the daily we see continued price pressure. No, the day is not yet over, granted :)
The RSI was still in its neutral zone, just slightly holding the bull minimum level. It now seems to break down (though the day is not over yet). In other words: the supportline break is there, and we have a reading below 40. So again - expecting lower price action into the price targets
On the daily we see continued price pressure. No, the day is not yet over, granted :)
The RSI was still in its neutral zone, just slightly holding the bull minimum level. It now seems to break down (though the day is not over yet). In other words: the supportline break is there, and we have a reading below 40. So again - expecting lower price action into the price targets
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