Northern aspiration remains | 17 September 2015

17 September 2015, EUR/USD

The daily chart: support worked well in the pivot area of ​​1.1216. Now there is a very high probability of the upward swing with a breakdown of the top 1.1372 further movement up.

Northern aspiration remains

H1 chart: zone 1.1258 preserved ​​demand for the euro in the framework of pattern O & U, therefore, we can not exclud downward correction. Nevertheless, we will proceed based on the expectations of growth to new highs.

Northern aspiration remains

Expectations:

1) rise above 1.1373 from current levels

2) Pullback to 1.1258 and growth from there.

solutions: 1) We keep buying from the pivot 1.1216 2) On a rollback to 1.1258 - add long position.

Aleksey Panasenko
FreshForex Analyst
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