Euro Trading Lower on Financial System Worries, Positive U.S. Consumer Confidence
March 31, 2010 by ForexYard
Filed under Daily Forex Analysis
AUD/JPY:
A breach of the upper Bollinger Band is evident on the daily chart with the 2 hour, 4 hour, 8 hour and daily RSI are floating in the overbought territory. A bearish cross is evident on the 8 hour and daily charts’ Slow Stochastic. Forex traders may be advised to go short for today.
