http://eurusdtechnicalanalysis.com Forex blog about eur/usd technical analysis Sun, 06 Dec 2009 02:53:36 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 http://eurusdtechnicalanalysis.com/eurusd-technical-analysis-for-13th-january-2009/ http://eurusdtechnicalanalysis.com/eurusd-technical-analysis-for-13th-january-2009/#comments Tue, 13 Jan 2009 14:12:49 +0000 admin http://eurusdtechnicalanalysis.com/?p=76 It appears that the bearish trend may have run out of strength as the current price level has dropped the pair into the oversold territory as the 4 hour chart’s RSI reveals. The pair also currently floats near the bottom barrier of the daily chart’s Slow Stochastic, suggesting a bullish correction may be imminent. In that case, going long with tight stops may be the correct strategy.

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