EURUSD is on its way to retrace down according to the signals.
- On the RCI 3 Line indicator, the mid (blue) and long (green) trend lines have crossed. - On the RSI, the RSI has crossed below the moving average (brown). - The price has hit the upper level of the channel and made a tiny higher high, grabbing the sell-side liquidity resting above the previous high.
What happens next is yet to be seen. A clear change in trend has not been decided yet.