Bollinger Banks are producing some interesting signals for EURUSD. They suggest a breakout is coming while also saying the market may have overstretched to the short-side. A breakout seems likely but only after the weekend when we can process the Referendum. Now, as for a market oversold...that depends on what happens to Greece and the view of monetary policy.
Comments
gattaga
⋅
Hi. Breakout on the long side. Prices will move up to 1.1310/1.1340. bye