EURUSD on the point of bullish momentum.

The pair has started an incipient upward trend, the price has made a contradictory bearish short-term movement, when the price breaks this line of contraceptive trend is broken a new impulse to the cyclist will begin, the macd remains above 0 which is above a bullish signal, the rsi crosses above 50 and this reinforces the macd signal, with murrey mutch in bullish zone, the price has stopped when it reaches the new emerging bullish guideline, and begins to bounce looking to break the line of Tendency trend, data in Europe are improving, added to the fact that the Fed continues to print dollars which is bearish for the United States currency.
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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