Πέμπτη 28 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 its movement. H2 is still moving upward but it is slowing down and soon if the R1 resistance level holds will turn down. Until that LONG position for one last swing can be taken. But after get ready for a strong SHORT with the TP of S1.
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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