Eur/Usd Technical Analysis for 24th February 2009
Posted on 24. Feb, 2009 by admin in Eur/Usd, Eur/Usd Technical Analysis, Technical Analysis
A bullish cross appears to be imminent on the 4-hour chart’s Slow Stochastic, signaling a bullish correction may take place shortly. However, a bearish cross may be forming on the hourly chart’s Slow Stochastic, indicating the opposite. Weekly momentum appears to be leveling which means the pair may lack direction at the moment. Waiting for a clearer signal might be the right choice today.
