EUR/USD..
$USD chart suggests it has the momentum right now. Rally might be spent after today but that bottomed out MACD could cross nicely and suggest continued strength after some short consolidation. I bet it sees 73.25-45 before losing strength.
EUR/USD.. nice base at $1.54. Breaks that and it sees ~$153.15-20. With the daily MACD(12,26) down crossing there, I might expect it to see that low $1.53 area. Breaks that and goes to $1.50.
$USD chart suggests it has the momentum right now. Rally might be spent after today but that bottomed out MACD could cross nicely and suggest continued strength after some short consolidation. I bet it sees 73.25-45 before losing strength.
EUR/USD.. nice base at $1.54. Breaks that and it sees ~$153.15-20. With the daily MACD(12,26) down crossing there, I might expect it to see that low $1.53 area. Breaks that and goes to $1.50.
* I'm always learning about these lines, indicators, fibbies, hammers, and tops. So, if you know something I don't, by all means correct me when I'm wrong. Thanks.
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