The EURUSD is sinking. It broke down below the 200 day SMA and approaching the SMA 89 at around $1.2650. The price is moving below the EMA 8 and EMA 21 for several days, expecting potential pullback to EMA 21 one or two weeks from now.
November 11, 2012
Daily Market Rhythm - November 11 2012
Daily Market Rhythm - November 11 2012
The EURUSD is sinking. It broke down below the 200 day SMA and approaching the SMA 89 at around $1.2650. The price is moving below the EMA 8 and EMA 21 for several days, expecting potential pullback to EMA 21 one or two weeks from now.
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