Mar 12, 2013

Short term update

UPDATE: There is FOMC on 20.03 so do not expect reversal before that, just a pullback to 1540 EMA50 on the hourly chart or max 1530 to support, and up until FOMC meeting.

MACD divergence on the hourly chart, good enough for a pullback... reaction of the same size like the previous one and support level are pointing to max ~1530 for a move lower.

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