Oscillators: RSI shows a declining line proving the EUR is underperforming. STOCH shows a crossover is imminent, providing a timely trading signal, as price movement shows the EUR is oversold. (Bullish signal).
Trend: Retracement being established at 4.31625 price level, as time would be a great indication as price correction has been established. The retracement to 0.236 shows an increase in demand is yet to happen as a New Higher high expected with the EUR.
Pattern: Continuation Pattern (Ascending Triangle Pattern). No clear visiual evidence of a reversal pattern.
Bullish Price Projection to the Golden Ratio. Estimated Price Projection 4.37333.
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