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    EUR Remains under Pressure as Greece Concerns Persist

    Thu, 02/23/2012 - 03:01 EDT - FOREXYARD
    • RDF10

    EUR/CAD:

    The Relative Strength Index on the 8-hour chart has crossed into the overbought zone, indicating that the pair could see some downward movement in the near future. This theory is supported by the Williams Percent Range on the daily chart, which is currently just above -10. Forex traders may want to go short for this pair ahead of a possible downward breach.

    • Original article
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