By: Bradley C. Smith
Both hard news releases counteract each other. So the Bollinger Bands, Full Stochastics and StochRSI being above their centerlines will have to direct our trades downward. The RSI does not object just being a hair below it's centerline.
EUR/USD, put to the three hour chart has all four of it's technical indicators in agreement. They are ready for the price to move down, just look at the screenshot.
8:30am est USD
Trade Balance Forecast -40.9B Previous -40.2B
8:30am est USD
Unemployment Claims Forecast 456K Previous 469K
