Eur/Usd Technical Analysis for 2nd December 2008
Posted on 02. Dec, 2008 by admin in Eur/Usd, Eur/Usd Technical Analysis, Technical Analysis
The float within the wide bearish channel on the 4-hour chart continues, as no significant breach has been made. The negative slope on the daily chart’s Slow Stochastic indicates the continuation of the bearish momentum within the channel. Going short with tight stops appears to be the preferable strategy today.
