Δευτέρα 4 Ιανουαρίου 2016

Technical Analysisi EUR/USD

The fx pair is in an up movement and a correction is still on at the moment. On Daily TF after the strong up movement minimum one more up move is expected. But the start of the move is still not clear. On H8 the market is in the second down move. MAs on both chart and RSI looks good so the new lower low is easily can happen. H2 is in bear trend and a spike has happened.
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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