Wednesday, October 9, 2013

EUR/USD Daily Outlook

Intraday bias in EUR/USD stays neutral first. Considering bearish divergence condition in 4 hours MACD, a short term top is likely in place at 1.3645 already. Break of 1.3461 will confirm this case and target 1.3104 support instead. In case of another rise, strong resistance would be seen at 1.3710 to bring reversal.



Continue Read...

0 comments:

Post a Comment

Site Search