Forex | Forex | Euro turns slightly bearish (22/06/2009 03:06:00)

Euro turns slightly bearish

FXstreet.com (Buenos Aires) – EUR/USD, pair turn slightly bearish with Nikkei opening, with and a first support around 1.3902 ascendant trend line, still inside range. Momentum and RSI are also slightly bearish, while current candle opened under 20 SMA.

“Bigger time frames also point for further losses in the next hours, and candle opening under the mentioned line, will signal downside continuation,” said Valeria Bednarik, collaborator at FXstreet.com.

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