Market technicals continue to weaken for for EURUSD, as the currency pair failed to break through its 10-day EMA of 1.12468. Furthermore, both the SMI, RSI and MACD continue to fall, indicating both money and momentum are on the decline.
If this trend continues, the next stop is EURUSD 1.105311
If this trend continues, the next stop is EURUSD 1.105311
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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.