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Two options

Two options | 06 May 2015

06 May 2015, EUR/USD

EURUSD Н1. The price was not able to consolidate below the angle 1:3. Therefore, two equally probable options will enter into force 1) Flat in current range for couple of days; 2) Breakthrough of 163 with target on the level 1:4.

Intraday reversals with Н1 timeframe according to terminal time of FreshForex: 12:00, 17:00, 20:00.

Reversals of current week under D1 timeframe (numerology): May 04 at 16:00, May 05 at 08:00, May 06 at 08:00, May 07 at 12:00, May 08 at 20:00.

Reversals of current month under D1 timeframe (astrology): May 04, 13, 22, 28.

All reversals represented in the review are assumed points of reversal and over time dates can change.

Two options Conclusion: If after 4.00 the price moves down, we keep sales till 12:00. At 12:00 we start to consider purchases.

Бухонова Елена
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