Τετάρτη 23 Δεκεμβρίου 2015

Technical Analysis EUR/USD

The fx pair is in an up movement and a correction is still on at the moment. On Daily TF no change after yesterday. The market found support on S2 and showed an up move. Because the RSI range in the move not too much expected. For later the new high still waited. This movement is supported by H8 as well and now showing two option from the price side and one from RSI. H2 shows the same. To trade this we have to wait what will happen on S1. If it won’t hold than SHORT is good if ii will be a support than LONG will be good idea.
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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