Categories: Uncategorized

Time to sell the EUR

Short-Term

RSI has gone below 50, and is really divergent from price.  I recently realized the EUR/USD pair are likely about to complete a H&S pattern…which if the target is reached will take us to 1.106.

 

Mid-Term

Here the uptrend has been broken.  Some support at 1.116 and 1.10.

 

 

In other news, JNK has been getting pushed pretty hard.  #ThankYouDraghi.

Eric

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