Eur/Usd Technical Analysis for 20th February 2009
Posted on 20. Feb, 2009 by admin in Eur/Usd, Eur/Usd Technical Analysis, Technical Analysis
The Daily chart’s showing that the pair is still in bearish configuration. However, a bullish cross on hourly chart’s Slow Stochastic implies that an upwards correction might take place in the nearest time frame. When the upwards breach occurs, going long with tight stops appears to be preferable strategy.
