EUR 26 July

EUR D chart showing a hammer, however the RSI is flat below 50 level it has not crossed above its ma, price could not cross above the 8 lwma. 4hr chart, with the news the divergence and crossing of RSI above its ma a move up followed through. 1hr late US session didn't have the volume to push above the US open highs around 2170, no surprise there.

Can be buys or sells today.

With COT data showing the big boys still heavily short  there may be potential for a squeeze up, we'll see. Would expect down trend to continue at some stage on good candles and perhaps an intra day lower high should that play out.