04 June 2015, EUR/USD
Daily chart: The price has closely approached to O&U (1.1390), from where we are waitig for a new downward wave in the middle run.
Н4: situation is similar here, wait when area 1.1390 is touched.
Н1: signs of coming reversal - divergency, oversoldness, weak ADX.
Expectations: price will hit 1.1390 and start decline with first targets in area 1.1150.
1) Waiting at 1.1390 with Limit sale order in the area 1.1390 with middle-term goald at 1.08. This week we can take profit in the area 1.1150.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us