01 February 2016, EUR/USD
Once again, the level, which is becoming strong, have showed itself as a successful resistance level. Price is flew down like a stone, but stopped at a local minimum, which is trading now. Thus, the sideways trend is continuing, and it is a signal that you had better not make any trading operations till the price breaks these levels. Now the main trading scenario is bullish, according to it there will be a new ascending impulse iii in near future. So, in this situation you had better wait for the breakdown of the local maximum price, in order to start to buy.