 |
| EUR/USD |
SUMMARY :- The
primary trend of EUR/USD is bearish,in its hourly chart the pair is
sustaining on rising trendline & consolidating with a negative
bias. For today also, we can expect it to continue its ongoing trend.
If EUR/USD sustains below 1.1295 levels, it can come down to the
levels of 1.1260/1.1220. MACD is successfully sustaining below the
zero line indicating the bearish sentiment in the market.
RSI is also supporting the same.
STRATEGY:-
For Today EUR/USD is looking weak on chart. We can expect downside
movement for few upcoming session. One can go for sell on higher
level strategy for this pair for intra day to mid term positions.
No comments:
Post a Comment