Ascending target is based at 1.103 | 27 April 2015
27 April 2015, EUR/USD
.gif "Ascending target is based at 1.103")
Euro/Us Dollar pair continues to move along the boundaries of the blue alpha channel. This currency pair continues to grow to the upper boundary of the blue alpha channel. Ascending target is located at 1.103. Reversal and continuation of growth are the equally possible options that can start from this level. We wait when the price reaches this level. In this situation, long positions are preferable.
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.
