EURUSD - Technical Analysis: Thursday, 27/11/2014 07:44 GMT
The price continues to fluctuate around 1.2500, and the current weak trading makes us don’t consider the breach until now, especially with stochastic losing its bullish momentum, and the negative pressure coming from the exponential moving average 50.
We will continue to monitor the price behavior, and the US market holidays’ effect clearly appears on the trading volumes and strength.
Trend
Bearish