The cross eur / usd is under pressure these days. The weekly cycle is in its negative phase and missing another 2 days for the restart. To date 24/07 is expected until at least early afternoon minimum of a test yesterday with the probable formation of a new low. My indicator of the daily cycle at 1 is in fact already bearish as we see from the chart attached to 5 minutes.In the second chart I put the speed of the weekly cycle rather than as we see it is still negative although it seems to slow down and this portends continued bearish but with less thrust. Robertohttp://i48.tinypic.com/95rb0i.pnghttp://i45.tinypic.com/23k6yo1.png
Eur/usd : more negative for 2 days
The cross eur / usd is under pressure these days. The weekly cycle is in its negative phase and missing another 2 days for the restart. To date 24/07 is expected until at least early afternoon minimum of a test yesterday with the probable formation of a new low. My indicator of the daily cycle at 1 is in fact already bearish as we see from the chart attached to 5 minutes.In the second chart I put the speed of the weekly cycle rather than as we see it is still negative although it seems to slow down and this portends continued bearish but with less thrust. Robertohttp://i48.tinypic.com/95rb0i.pnghttp://i45.tinypic.com/23k6yo1.png
