slightly ascending wedge on the Euro
No position. Expecting a bearish resolve of the ascending wedge. It may be when the 50 MA catches up to price (112ish?) into the rising top line of the wedge. Obvious downtrend, selling rallies always easier than chasing a break downs.
RSI and MACD are trending up, needs more time to hit oversold levels before a reverse making price hit new lows. 2016 options might be worth playing up there.
RSI and MACD are trending up, needs more time to hit oversold levels before a reverse making price hit new lows. 2016 options might be worth playing up there.