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radoslaw.mazgaj
Dec 17, 2014 10:15 AM

FXSalt EURUSD Watch Long

Euro Fx/U.S. DollarFXCM

Description

- CCI and Stochastic indicate BUY.

- Short term MA's (10,20) still above Long terms (50, 100, 200), trend is still up.

- EUR/USD broke 1.2480 resistance.

- Possible retracement to 1.2370 support, would be a good entry point for longs.

- If the price crosses the 200 MA we might have a trend reversal.
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