The evolution of the EURUSD shows a break in the upward trend that prevailed since mid-January. So far this year, the peak was 1.4934. The pair fell abruptly from the fact that Thursday was presaged by the high RSI.
For the next week, soil can be determined as 1.4281 level followed by the 1.4149. The latter marks a Fibonacci retracement of 38.2%.
In evaluating these moving averages teach a clear sell signal, but may come to an end soon because the RSI is still at very low levels of 21.68 indicates that there is detail on the market a couple oversold .
In this case there will be set aside and macroeconomic issues that impact directly on the price of the pair, one example is the effect on the markets about the rumors that circulated about the output of the euro in Greece.