EUR / USD: bearish trend, bearish medium and short-term movement
Double top about 1.0636 and a signal of possible downward movement - bearish flag around 1.0636
Indicators in negative territory: CCI (50) passes under 0 - a negative signal
3 EMA is under 13 and 25 EMA - a negative signal
Downward price trend, lower peak and deeper bottom. Each negative signal about resistance levels can be used for new short positions
Sentiment: potential volatility. Markets expect the ECB meeting on Thursday. The sentiment is for a weak euro, but speculation about ECB can lead to short-term movements in both directions.
Stefan D. Angelov - Head of Stocks Trading
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