EUR/USD Morning Technical Report 17/9/2014
ecPulse
2014-09-17 07:06AM UTC
The pair failed to stabilize above the resistance 1.2960 then moved back to the downside. Stochastic is showing a negative signal and Linear Regression Indicators are negative. But trading is stable above the support 1.2885, so we cannot bet on extending the downside move.
Therefore, we choose to be neutral today and trading between 1.2885 and 1.2960 force us to do so. Monitors of the "Delta" trading strategy and Risk/Reward Ratios of "Delta" portfolio could refer back to the recommendations section.
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