FOREX CURRENCY TRADING THE TRUTH!

Http://www.forexmarkets.co

Tuesday 7 April 2009

EUR/USD-market strategy can be a sell from the level 1.3490$

Technical oscillators supporting the bearish 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 after a bearish crossover above 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 bearish direction.

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