- CCI and Stochastic indicate BUY.
- Short term MA's (10,20) still above Long terms (50, 100, 200), trend is still up.
- EUR/USD broke 1.2480 resistance.
- Possible retracement to 1.2370 support, would be a good entry point for longs.
- If the price crosses the 200 MA we might have a trend reversal.
- Short term MA's (10,20) still above Long terms (50, 100, 200), trend is still up.
- EUR/USD broke 1.2480 resistance.
- Possible retracement to 1.2370 support, would be a good entry point for longs.
- If the price crosses the 200 MA we might have a trend reversal.