EXY trade ideas
Euro Currency Index (EXY) will lose its power in future!!!Euro Currency Index seems that it will lose some power against other currencies during next weeks.
April and May will be very important for EXY.
Technical Analysis details:
-I observed a divergence on weekly chart which can start a new bearish trend.
-Stoch gives some bearish signals for future.
-Wave Trend Analysis gives some signals that we are at the top of weekly trend.
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Berk
EXY Bearish MomentumAfter a clear Head and Shoulders breakout, the price is coming back to the previous support now converted in a resistance. The expectation is to push the price in order to find new Low Lows.
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