Eur/Usd Technical Analysis for 2nd February 2009

Posted on 02. Feb, 2009 by admin in Eur/Usd, Eur/Usd Technical Analysis, Technical Analysis

The Slow Stochastic and the RSI on the daily chart are showing a continuation of the current bearish correction. There is also a very accurate bearish channel forming on the 4 hour chart. In addition, all indicators on the hourly chart are pointing down. Going short might be the right choice today.

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