Better to wait for $EURUSD

31 thg 7, 2014

After 12 consecutive down days, for the first time the price was not able to break yesterday's lowest price. I will wait a little to see where price will head tomorrow and next week. This is possible in every case, but if we add MACD divergence to this signal, it seems that likely we will see short term price rally above EMA channel. But definitely it is a down trend.
I will stay away from trading till next week.