By: Bradley C. Smith
As I write this, the EUR/USD is close to the week's open. If, unhappy with it's recent rise this pair might be ready to obey the technicals, each above their centerlines. The uptrend that began around June 6th saw little retracement or delay in it's ascent. No notable news is available to direct this pair today, so it will likely continue on it's way up.
Sentiment as seen threw the four technicals put to the three hour chart, says the EUR/USD is due to dive downward. The price actions shows “market movers” were uncomfortable with the price going higher. No news today means there is nothing to whip this pair around your trading screen and the now gentle upward trend will likely continue.
