Now the pair tested the diagonal support level, while rebound will focus on the 1.1650 level, and from there we will have opportunities to discover shortovi positions.
SMA50 move below SMA100 and SMA200. MACD is below the 0.0 level. RSI crossed below the 20 level – in favor of sellers.
SNB actions yesterday showed that the European Central Bank will almost certainly begin quantitative easing, which would weaken the single currency.