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EURUSD Continuing short movement to break the support 1.2140

EURUSD Continuing short movement to break the support 1.2140 in illiquid market, as it is now, sentiment remains Short. It is possible to see a slight correction to 1.2160, as from there we can look for sell signals positions, then continuing the downward movement to break into 1.2140 and test the diagonal support. In the longer term, the dollar remains supported by good data from the US last week, and the expectations of analysts for early increase in interest rates. In Europe outlines quantitative easing, which will negatively affect the single currency. MA50 is below the MA 100 and MA 200, which supports vendors and MACD and RSI give us contradictory signals.

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