Τετάρτη 30 Μαρτίου 2016

Technical Analysis EUR/USD

The fx pair shows uptrend or range on Daily timeframe. If it RSI will hold under 67 than it is range. If RSI will go over than the uptrend is back. H8 correction is seems to ended and the uptrend is back. On H2 the market is strongly heading up. In longer term it will be good to take LONG position with the expectation of new highs. In short term (H2 and under) SHORT can be really good as well. But do not expect too long run.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

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