Euro Breaks Month Long Trend
click to enlargeNote the negative divergence on the hourly RSI.
And in this risk on risk off world, it's not really looking on.
PS. Yen also, see Yen Overdone
A Discussion of Technical Analysis, Elliott Wave Theory, and Fibonacci Ratio's focusing on Energy Mkt.s Crude, Products, and Natural Gas. Occasional Fundamental Analysis, Energy News and Rumor.
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