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Euro / U.S. Dollar
Short

EURUSD - SELL

By NZ_Shareman

  • Appears to be more sellers than Buyers saw it tick down
  • Usually a sign it will continue.
  • See below

  • Return to Previous Level Pattern

  • Jobless Claims event
  • Higher than Expected Unemployment Claims

  • Make case for Lower Interest Rates
  • Weaker for the Dollar as Interest rates will come down more
  • chance so they move money out of USD invest other places.
  • Cause of Initial move but price tends to revert back.

  • But better for the Stock Market.

  • Ticking up on 5 m CCPV indicator MT4
Trend Analysis
NZ_Shareman
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