Tag Archives: wider bearish trend is intact
Eur/Usd Technical Analysis for 3th December 2008
Posted on03. Dec, 2008 by admin.
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The hourly chart shows that the pair has been range-trading for a while now, as it now has consolidated around the 1.2660 level. However, a negative slope of the daily chart’s Slow Stochastic suggests that a wider bearish trend is still intact. Selling on highs might be a smart decision for today.
