By: Bradley C Smith
The technicals have triumphed and with the help of today's bad news for the USD side of the EUR/USD, this pair will rise further. Each indicator is at or below it's centerline, except for the more volatile StochRSI, which means traders might be growing tired of this very long downtrend, so you might be able to isolate, down, out of today's direction for the EUR/USD.
Undecided, appears to be the word for the three hour timeframe. The week's open is not far from it's current price and today's news release will determine the direction of the remains of the day.
10:00am est USD
ISM Manufacturing PMI Forecast 57.7 Previous 58.4