Expect a rebound from 1.1243-1.1253 | 26 Septiembre 2016

26 Septiembre 2016, EUR/USD

Expect a rebound from 1.1243-1.1253
Wave Analysis:
As previously forecasted, we still wait for a retest of the daily resistance level 1.1224 to sell Euro with an ideal target at 1.1144. Any clear breakout above 1.1253 may invalidate the anticipated downward rally and could culminate into a possible bullish price rally towards 1.1282 or even higher 1.1322. This is however, highly unlikely since the zone 1.1243-1.1253, has been a key supply zone during the recent past and could likely act as potential sell zone during this intraday. Trade this pair alongside GBP/USD, NZD/USD and AUD/USD.

Trade Recommendations:

Wait for a clear rebound from the zone 1.1243-1.1253 to go short with an ideal target at 1.1144. Buy positions are only recommended above 1.1253 with a target at 1.1282 and the next 1.1322

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.