EURUSD - 28.02.19

The EUR/USD pair is currently in a clean descending channel.

It has now reached the top part of the channel and thus I think that there is a very good probability that the currency pair will now start its way downward.

Another important fact for this comes from the Stochastic indicator which is currently in an overbought position and it is showing signs of weakness.

 

-----

Open an account with Kimura Trading today!

Click here to see all the other benefits when using Kimura Trading!

0 - Comments