EUR / USD: the trend is short
Short-term downward movement : a lower bottom and lower peak
Price around diagonal resistance - a good place to sell - after the correction.
Indicators in negative territory indicating that attitudes are short, despite the corrective movement yesterday.
price action: Hanging man bearish reversal - of resistance levels - a short signal
It's possible RSI to break below 50 - it will signal for a new neghative impuils.
Markets expect the Fed to raise rates in December. This will support the USD. Mario Draghi's statement led to strong negative sentiment for the euro amid expectations that QE program may be
increased around December.
Steфan D. Angelov - Head of Stocks Tradin
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