By
Ashraf Laidi |
Technical Analysis | Apr 09, 2010 07:54AM GMT |
Technical oscillators are supporting the bullish trend for the currency pair EUR/USD-market strategy indicates buying levels from the $1.3393
Technical oscillators are supporting the bullish trend for the currency pair.
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines in a bullish direction and crossing below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bullish direction. Also, MA oscillators indicate a bullish cross on the short MA line. Selling from $1.3313 on a break.
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