January 4, 2014

FACEBOOK Weekend update

  • The weekly bearish candle formed at upper bollinger band continues to be valid.
  • Daily chart has crucial support level at 53.43 - 53.75 and 20 Day SMA.
  • Daily chart shows a bearish MACD cross which will perform well if the above mentioned support levels break on closing basis.
  • EURUSD Bearish Price ACtion