Τετάρτη 27 Απριλίου 2016

Technical Analysis EUR/USD

On Daily timeframe the FX pair’s RSI has stopped under 67 and begin to move downward. H8 after a strong down move begin to move upward and seems to still have space to continue the movement. H2 is a correction’s second leg. And if this leg will stay over 1.12702 than it will have the chance that the up move will continue until or just before R1. And LONG position will be good to take.
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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