Resumption in progress | 17 December 2013

17 December 2013, EUR/USD

EUR/USD has resumed its short-term up-trend after pulling back to support from the 45° trend-line at 1.3715. The recovery is expected to continue to the next target situated at a tough resistance level at 1.3830, followed by the target from the count calculated by the long column from the 5th December lows at 1.3935. A break above the column highs at 1.3785 would help confirm a move higher up to the next target.

Resumption in progress

Mark Satcher
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus