EUR Falls on Risk Aversion; Rebound Expected?
March 16, 2010 by ForexYard
Filed under Daily Forex Analysis
GBP/NZD:
The pair’s hourly and 2 hour chart’s RSI is floating in the oversold territory with a bullish cross evident on the hourly, 2 hour and 4 hour charts’ Slow Stochastic. Furthermore, a breach of the lower Bollinger Band is evident on the hourly chart. Forex traders are advised to go long for the day
