EURUSD to continue down trend to 1.1141
EURUSD is in global and local down channels.
D:
- Heikin Ashi confirms down trend, though weakening
- MACD confirms down movement, RSI+Stoch RSI show no oversell so far
3H:
- EMA 15 below 30 confirms local downwards trend
- MACD shows correction upwards, with divergence and a possible breakthrough from local channel upwards, with no strong supportive background though.
- RSI+Stoch RSI show no oversell
D:
- Heikin Ashi confirms down trend, though weakening
- MACD confirms down movement, RSI+Stoch RSI show no oversell so far
3H:
- EMA 15 below 30 confirms local downwards trend
- MACD shows correction upwards, with divergence and a possible breakthrough from local channel upwards, with no strong supportive background though.
- RSI+Stoch RSI show no oversell
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