Eur/Usd Technical Analysis for 3th April 2009
Posted on 03. Apr, 2009 by admin in Eur/Usd, Eur/Usd Technical Analysis, Technical Analysis
The pair failed to break the resistance level of 1.3500 earlier today and now trades near the 1.3410 mark. The 4-hour chart is showing a bearish cross on the Slow Stochastic Oscillator and the pair’s RSI is currently floating in the overbought region. This signals downward movement may take place later today. Traders today may look to short this pair.
