Yesterday’s candle on the euro vs dollar daily chart ended the session as a wide spread down bar largely as a result of the worse than expected unemployment figures released in the US which subsequently led to a sell off in equities and a consequent strengthening of the US Dollar. The candle closed the session below both the 9 and 14 day moving averages but interestingly found some support from the 40 day moving average which held the low of the day from a further fall. The signal
EUR vs USD Daily Chart
Yesterday’s candle on the euro vs dollar daily chart ended the session as a wide spread down bar largely as a result of the worse than expected unemployment figures released in the US which subsequently led to a sell off in equities and a consequent strengthening of the US Dollar. The candle closed the session below both the 9 and 14 day moving averages but interestingly found some support from the 40 day moving average which held the low of the day from a further fall. The signal