EUR/USD Morning Technical Report 7/10/2015

ecPulse
2015-10-07 11:46AM UTC

EURUSD trades below 1.1285 along with small-body candles and long upper shadows. These formations have accompanied with weakness in ADX, while moving averages continued to carry the movements from the underside.

RSI trades sideways, but it is stabilizing above 50.00 levels; therefore, we will stand aside until actionable setups present themselves to us.

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