Δευτέρα 7 Δεκεμβρίου 2015

Technical Analysis EUR/USD

Selling EUR/USD, as the pair has reached a peak this morning at 1.0872 and after the NFP Report came out exceeding expectations with 211k new jobs created in the US I think there is still more room for the downside. On M30 and H1 EMA’s are currently favoring the downside, and on H4 a possible break of the 1.0800 level will turn the H4 charts favorable for a move south territory in the shorter term.

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