By: Bradley C Smith
Centerlined technical indicators help us turn to the news to aid us in finding where the EUR/USD charts will flow today. The sole heavy hitting item today with a forecast bodes well for the Euro's side of this pair. Price action, visually still seems like it will allow some upward movement in it's undulating uptrend. The centerlined technicals, do not seem to object.
Back to where it started the week, the EUR/USD has shown it is uncomfortable with the downward dance it did this Monday. I will pick what I feel is the last low on the three hour chart before the climb onward and upward, how about you?
5:00am est EUR
German ZEW Economic Sentiment Forecast 45.2 Previous 44.5
