At the crossroads | 20 August 2015

EURUSD H1. Angle 1:4 was not tested. Therefore, we are waiting for further developments. 1) Decline with current levels to the angle 1:4; 2) Decline to the angle of 1:3 to 7:00, under this option, the pair will stand all day in the flat; 3) Break of the angle 1:3 and consolidation above this angle with the prospect of further growth.

Intraday reversals with Н1 timeframe according to terminal time of FreshForex: 04:00, 07:00, 15:00.

Reversals of current week under H4 timeframe (numerology) August 18, at 04:00, August 20 at 04:00.

Reversals in current month: August 21, 26 of August.

All reversals listed in the review are assumed pivot points the dates may vary.

Conclusion: Sales at 04:00 and at 07:00. Buying at 15:00.