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Now Trend Reversal in the US Dollar Index & EURUSD

March 9, 2016 10:27 pm

Now we are expecting that the pair EURUSD will reverse to downward because the current condition overbought and also crude oil inventories have negative impact but the impact temporarily negative. US Dollar index also in oversold condition so the price will reverse on tomorrow other than as per sentimental moves by ECB Press Conference. Recommended Sell position between 1.1028 to 1.1055 but keep in mind ECB Press Conference by Mr. Mario Draghi, in simple wording that follow our recommendations before the press conference.

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