Παρασκευή 27 Νοεμβρίου 2015

Technical Analysis EUR/USD

Selling EUR/USD, as the pair reached a peak this morning at 1.0637. As of the moment the technical indicators reached oversold levels at M5, M15 and M30 and all in overall bias is still to the downside on the longer timeframes. Small resistance lies at 1.0630 and beyond this point only a move beyond 1.0660 can extend its gains to the upside. To the downside we have 1.0600 psychological support and later on 1.0565 November 25th lows.

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