colbyk491

30min Anylisis

Short
FX:EURUSD   Euro / US-Dollar
Open to Advice or comments or suggestions.
Just by looking at some simple indicators the RSI and a little trend Analysis, I believe that shorting will be the best bet along with a longer hold as the 1hr RSI suggests that it will go up and the 4hr and 1day suggest it will go down. This will follow its previous behavior since march where the RSI rises to around 61 to 56 and then continues its travel downwards. I think that shorting until the 1Day RSI peeks below 50 will be optimal though when this comes I am not sure. These are just quick Assumptions.

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