Forex Analysis & Reviews: Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on February 5
EUR / USD declined amid disappointing data on EU retail sales. And as a result of this, a sell signal appeared at 1.2011. However, it had to be ignored since the MACD line, during that time, had been in the oversold area for a long time already. There were no other signals to enter the market for the rest of the day.
Jeff Wecker
