By: Bradley C. Smith
With no EUR/USD news forecasts, the technicals must guide us. Last week put each of the four indicators we enjoy, sharply down. The likely upward retracement in price action and in the technical windows is all but sure, given the human nature that is often manifested in the market.
On the three hour window each indicator is aimed downward or is below it's centerline, signifying a sentiment ready to move the pair downward. I would isolate any trade on the EUR/USD today to a short only.
