Hi all,
The EUR/USD prices are trading in a narrow range ahead of the European central bank meeting.
And we notice on the daily chart of EUR/USD the forming of a divergence between the prices trend and the Stochastic trend which is a down wave followed by a sharp decrease or a great rise .
So we advice you to follow the news and any positive data will push the prices towards the 1.3190 level then to the 1.3230-1.3250 area
However if the prices still trading at the bottom of the main resistance level 1.3150, this would be a signal that the prices will decrease to reach the 1.3058 level, then to the 1.2980 level.
Good trade for all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter
The EUR/USD prices are trading in a narrow range ahead of the European central bank meeting.
And we notice on the daily chart of EUR/USD the forming of a divergence between the prices trend and the Stochastic trend which is a down wave followed by a sharp decrease or a great rise .
So we advice you to follow the news and any positive data will push the prices towards the 1.3190 level then to the 1.3230-1.3250 area
However if the prices still trading at the bottom of the main resistance level 1.3150, this would be a signal that the prices will decrease to reach the 1.3058 level, then to the 1.2980 level.
Good trade for all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter