Author Topic: FNIB.co Daily Technical Analysis March 26 EURUSD  (Read 928 times)

Offline gregscript

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FNIB.co Daily Technical Analysis March 26 EURUSD
« on: March 26, 2013, 11:43:38 AM »
The EURUSD had a bearish momentum yesterday bottomed at 1.2829. The bias is bearish in nearest term testing 1.2800 or lower. Immediate resistance is seen around 1.2900. A clear break above that area could lead price to neutral zone in nearest term testing 1.2950 – 1.3000 but as long as stays inside the bearish channel I still prefer a bearish scenario and any upside pullback now is normal and should be seen as a good opportunity to sell on rallies.

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