Key support for Euro - 1.0843 | 17 July 2015
17 July 2015, EUR/USD
Daily chart bears still press and now a new support level is 1.0843 (the bottom Bollinger band). Below we have a small downfall to the 5th figure.
.png "Key support for Euro - 1.0843")
Н4: resistance is on 1.0968 (the middle Bollinger band ). On the event a pullback to this area takes place, we can open sales.
.png "Key support for Euro - 1.0843")
Н1: a better shaped resistance on 1.0943
.png "Key support for Euro - 1.0843")
Expectations: so, waiting for a proof-test of the support 1.0843. You can sell on this movement if the price makes an upward roll to 1.0943.
Trading decisions
1) Sales from 1.0943 to 1.0843
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
