nmike

EURO / US Counter trend rally from oversold conditions.

Short
FX:EURUSD   Euro / U.S. Dollar
2
The RSI(7) works well at spotting overbought / oversold conditions.The major down channel is still intact and price below the 20 week MA.

Disclaimer

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.