After reading a post by a technical analyst calling our attention to the daily and monthly charts of EUR USD being over bought, with a bearish reversal pending, a fundamental analyst pointed out the current fundamental situation of the USD like cutting of interest rates, etc which indicates the fall of USD.
I found both analysis very useful and reasonable, but unfortunately contradictory, with one envisaging positive direction of USD but the other negative.
As a new and inexperienced trader, I now want to know the most reliable analysis, or how can we merge these two contrasting opinions?
Kenny
I found both analysis very useful and reasonable, but unfortunately contradictory, with one envisaging positive direction of USD but the other negative.
As a new and inexperienced trader, I now want to know the most reliable analysis, or how can we merge these two contrasting opinions?
Kenny