Tuesday, 13 November 2012

EUR/USD Everyone's selling, always a worry!

Eur/Usd continues higher 12741 now + 30 pips so far....

Eur/Usd looks very oversold on all charts, despite being in a downtrend on the daily chart, we could expect a sharp rise in price in the coming days.


Notice on the above chart, we now have a white star (very strong reversal signal) and divergence notice the price falling whilst the CCI is rising, we just need to see some volume before entry.

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