EUR/USD: Stochastic is leaving overbought zone

Forex analytics: Following the US Fed decision on 16 March, the pair EUR/USD has grown over 200 points, exceeding Fibonacci retracement of 23.6% to the last wave of decline with the highs of 2014 crossing the level of 1.1285, over 60 points.Since last Thursday the pair has been declining.On the daily chart the indicators OsMA and Stochastic started to reverse towards short positions. At the same time, ...