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  3. EUR/USD, You Can't Fight Gravity
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EUR/USD, You Can't Fight Gravity

DailyForex.com

By: Bradley C. Smith
Ready and wide to accept the wilds of the EUR/USD pair, the Bollinger Bands have had the price in their lower regions for many days. Each of the three remaining indicators on the daily chart have been directed down by the dollar's rise to riches. Full Stochastics, StochRSI and RSI, each down and asking any market mover that will listen or bit of news for help up.
News today will not help any indicator up from the depths of the three hour chart also. Any spike upward you choose to identify on this pair, short it and ride the trend down for all it is worth.

8:30am est USD
Advance GDP q/q Forecast 4.5% Previous 2.2%

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