Πέμπτη 10 Μαρτίου 2016

Technical Analysis EUR/USD

The fx pair can be a few things on Daily TF. The bull trend is back, range or questionable. Soon it will be viewable. On H8 the market after a stronger up move. And it seems its first correction just ended yesterday.But it still not clear how far it wants to go. S2 Showed a strong up movement with a reliance over 38 on RSI yesterday. And this shows the upcoming will be another up movement. To trade LONG positions are good idea and the minimum waited TP is R2 but from longer distance it can be around R3.
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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