EURUSD is overvalued now Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Nov 19, 2014 2:48 PM

EURUSD currency pair is trading higher than 55 Moving Average on hourly timeframe so we are considering a downward movement for this currency pair from the level of 1.25497 on US stock trading session until the end of the day.