Δευτέρα 23 Μαΐου 2016

Technical Analysis EUR/USD

In longer term the FX pair is just on the bullish-bearish boarder. But the players on H8 and H2 seem to be enough strong to change the game and turn the Daily players also to bear. The market is still waiting before it shows the final direction. To trade from longer term better to wait. But today on H2 one more upswing is expected. And this can be traded. First it is better to take LONG position and later SHORT after the second upswing become viewable on H8.
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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