EUR/USD REJECTS SUPPORT: BULLISH SIGNAL
EUR/USD has bounced of the 3-month low yesterday, signalling a bullish move.
The rejection of the support is accompanied by an oversold RSI, making the upward move much stronger. Consider taking profits when the price has reached the red area. Chances are that EUR/USD will follow the drawn wedge for the coming weeks.
The rejection of the support is accompanied by an oversold RSI, making the upward move much stronger. Consider taking profits when the price has reached the red area. Chances are that EUR/USD will follow the drawn wedge for the coming weeks.
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