avis06

Neutral trade for EUR/USD

FX:EURUSD   Euro / U.S. Dollar
1
The EUR/USD has an indecision candle for a couple of days. This shows that its direction is unclear for now. Although the Stochastic is at the overbought territory, it could remain overbought for a while. A break out above 1.3580 could send the pair to the next logical resistance at 1.3670 area. However, a break out below 1.3450 could be used as a selling opportunity with a target of 1.3370 support area.

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