FORECAST BY MARIUS GHISEA- EUR/USD (April 4-8)

The 8 hour chart shows a range between 1.1315 and 1.1430. The EUR/USD currency pair will be into a bearish retracement below 1.1315. This retracement in the near term is indicated also by MACD.

EURUSh884.04-page-001

According to the daily chart, the stochastic oscillator indicates a beginning of retracement until at least 1.1246 (Fibo 0.38).

EURUSDdaily4.04-page-001

MariusG
Marius Ghisea – fund manager and advisor for institutional and individual investors. 11 years experience in forex market. Marius G. provides advices for long term investors with low risk strategies investments. Technical analyst at ProfitF.com ( Go to Ghisea Marius Facebook group >>> )
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