Possible rise to 1.1190 | 17 August 2015

17 August 2015, EUR/USD

The daily chart: two consecutive inside bars can trigger development of the downward swing, but you need to watch today's closing bar. because he did the first intersection down and a false breakdown IB we will wait for tomorrow, and then re-crossing will buy.

Possible rise to 1,1190

H1: double bottom. Swing up has been almost completed but bulls were unable to obtain significant dividends. You can try to enter up from to 50% of the pinbar area (1.1088) and put stop orders under 1.1079.

Possible rise to 1,1190

Scenarios: pullback 1.1088 and growth to 1.1190.

solutions:

1) Buy from 1.1088, STOP 1.1075, TP 1.1190.

Aleksey Panasenko
FreshForex Analyst
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