Expect a possible rebound from 1.06194 to go short | 12 4月 2017

12 4月 2017, EUR/USD

Expect a possible rebound from 1.06194 to go short

Wave Analysis:

Yesterday, the corrective wave (4) pullback to the upper side but is still below a key short term resistant line 1.06194. As long as the price remains below this line, we expect a possible rebound from this line to continue short with the impulsive wave (5) but should not go beyond 1.05867. This view is only valid on the 4H chart, the daily chart, (shown below) is slightly different and shows that the price could head further to the upper side as long as the price remains above the lower resistive trend line.

EURUSD Daily Chart

Expect a possible rebound from 1.06194 to go short

This pair should be traded alongside EURCAD, EURAUD, and GBPUSD. These pairs will have a similar price action during this intraday,

Trade Recommendations:

Expect a possible rebound from 1.06194 to go short with an ideal target at 1.058

FreshForex cancels commissions!

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus