March 3, 2015

EURUSD Falling towards 1.07 levels

  • EURUSD Month chart continues to give new lows. Pair if falls below 1.10 levels are likely to give 1.07 levels in the short term.
  • Weekly charts are getting ready for some positive divergence But more lows are likely before the MACD Positive divergence gets completed 
  • Daily is trending below the cloud. No reversal possible until price stays below the cloud. 
  • ES Chart update
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