Τρίτη 12 Ιανουαρίου 2016

Technical Analysis EUR/USD

The fx pair is seems to be in an up movement on Daily TF. The proof in a higher low on the chart with over 38 RSI has arrived. On H8 to support the Daily TF RSI has to hold also over 38. If this happens the uptrend will be confirmed by H8 also. Until that the market is in a correction. On H2 it is much more viewable and right now the correction second leg is developing. To trade SHORT position is good with the TP of S2.
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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