Author Topic: FNIB.co Daily Technical Analysis March 29 EURUSD  (Read 754 times)

Offline pipthom

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FNIB.co Daily Technical Analysis March 29 EURUSD
« on: March 29, 2013, 09:20:53 AM »
The EURUSD continued its bearish momentum yesterday bottomed at 1.2750. The bias remains bearish in nearest term testing 1.2700 – 1.2660 area. Immediate resistance is seen around 1.2830. A clear break above that area could lead price to neutral zone in nearest term testing 1.2880 – 1.2900. Indicators are in oversold condition so any upside pullback now is normal and overall I remain bearish and still prefer to sell on rallies.

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