EURUSD Trend Reversal?
Looks like the EURUSD might be in a reversal. I had earlier been following the trend downward, but it looks like the ECB has successfully held at that previous four year low and now it could be on it's way back up. Based on my ADX oscillator, it is trending in that direction. Price action has also cleared a major fibzone. I drew in three sets of fibbonaccis here.
I had a major hardware crash, and when I finally got back up online and got my software set up, the brokers had decided to give us an extra decimal point, which freaked me out. Thought my software was going haywire or something. LOL. Also, the trend seems to have reversed in that time. I did hear something about the Fed supporting the EURO or the ECB in some way, however I haven't been following the news on this closely. The ECB might have said "Uncle" at some point. Still a race to the bottom, though.