EUR/USD Daily Study: Price over trading channel inflection point after a heavy sustained bearish trend, gap on Tenkan over Kijun and mild MACD upward correction signals, downward trend to continue along with the negative price channel among the 1.35-1.38 levels
EUR/USD Intray day Study: price upward correction timely reacting the RSI bullish signal.
None the less the MACD bullish crossover is a correction signal not a trend reversal as it took place in below cero area, Stoch’s taking the first dip and a black hourly candle on the Price pattern formation still bullish , resistance for today settled at the 61.38% Fibo line, 1.3630. Price will dance arount the 30-40 levels
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