Παρασκευή 4 Μαρτίου 2016

Technical Analysis EUR/USD

EUR USD. Caution is the main focus with this pair, daily making a higher low and monthly forming low test. 1hr 50ema has turned up and the 200ema has started its slow turn upwards. Price is retracing toward the daily pivot which is in the area of strong support since late last year. Adding to all the confluence is a very convincing MACD divergence.

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