Swing scenario for the euro on Monday | 21 September 2015

21 September 2015, EUR/USD

The daily chart: intensive reversal-bar made the first crossing of the future swing down. Hence we have two ways: the first (northern) - another crossing, but retaining the support 1.1213 (the last bottom). The second one - a breakthrough under the support 1.1213, and a continued fall in the direction of 1.1086 and 1.1017

H1 chart: There are two good signal saying about movement up and down. Top - bullish inner bar, down - Bearish Over & Under by 1.1440..

Scenario: rise immediately after the opening in the direction of 1.1440 and from there the intense fall below 1.1269 in the direction 1.11.

solutions: 1) buy to 1.1440 with stops below the last swing (1.1269) 2) We sell from 1.1440 to 1.1289 and 1.11 ( extraday)

Aleksey Panasenko
FreshForex Analyst
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