By: ForexRoyals
Currency: EUR/USD.
Trend Expected Direction: Uptrend.
Method : MACD Convergence.
Description: The EUR/USD is currently forming a MACD convergence. As shown on the chart we see the MACD shows possible convergence and the MACD line crossed the MACD signal line.
Action: Best action is to buy .
Target Area: First target 1.2950
Stop Loss: 1.2870.