EUR/USD Morning Technical Report 16/9/2014
ecPulse
2014-09-16 07:00AM UTC
The pair failed to keep trading above 1.2960 indicating strong weakness showing on Stochastic by a negative crossover attempt before reaching overbought levels. Meanwhile, 1.2885 forms a support that we cannot currently bet on negativity without breaking it.
Therefore, we prefer to remain neutral in this report waiting for confirmation signals.
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