Trend for EUR/USD

29 Eyl 2017

For the EUR/USD, I used the Moving average exponential indicator to predict whether the trend is going to be a short or long term trend. I used the 200 EMA and it shows that the moving average is below the price which will suggests that the market is in a long term uptrend. Also the moving average s pointing higher which also conveys that the uptrend is strong.