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avis06
21 sep 2013 04:35

Neutral trade for EUR/USD 

Euro Fx/U.S. DollarFXCM

Beskrivning

The EUR/USD has an indecision candle for a couple of days. This shows that its direction is unclear for now. Although the Stochastic is at the overbought territory, it could remain overbought for a while. A break out above 1.3580 could send the pair to the next logical resistance at 1.3670 area. However, a break out below 1.3450 could be used as a selling opportunity with a target of 1.3370 support area.
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avis06
closed on 10/3
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