short eurusd based on rsi 250 periods

3 Jul 2015

This chart is quite interesting we could see some pull back on a rsi 250 . eurusd is still under its 250 moving average. So I think we are just in a consolidation trend and the bearish trend should be back soon as the slope of the moving average is really negative. we should do at least a double bottom and go towards 1.04. A break out of 1.04 and we will see the parity.