nmike
Short

EURO / US Counter trend rally from oversold conditions.

FX:EURUSD   Euro / U.S. Dollar
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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.

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Followed.
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I agree, but also I see a inverse shoulder head shoulder with aprox 250 pips bullish, let see!
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you mean a double botton?
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Angel rodrigosmarts
in the mean time, there are some longs. on the other hand, i agree that eurusd can be bearish.
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huh... head and shoulders pattern?!? neckline is broken!!
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Nice divergence call. I'd like to see EUR breaking through the resist. trendline and the 2700 resistance before changing my preferrals for buying
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nmike rodrigosmarts
I agree
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