Looking for possible short positions | 12 Junho 2017

12 Junho 2017, EUR/USD

Wave Analysis:

Despite our expectations to rebound from the resistance zone 1.1550-1.1237, Euro continues to oscillate around this zone but has not shown clear signs of rebounding from this zone. Although this downward rally is highly anticipated, we're still reluctant to short this pair, instead, we're waiting for a clear signal that this rebound has matured then we're short this pair. The anticipated short position is the continuation of the impulsive wave (5) towards 0.9693 and may extend further. Expect a similar price action in GBPUSD, AUDUSD, and NZDUSD. These pairs have a strong positive correlation of up to +74% and will move in the same direction during this intraday.
Trade Recommendations;
Expect a possible rebound from 1.1550-1.1237 to short this pair towards 0.9693

FreshForex cancels commissions!

Bob Stan
Agree with the review?
Traders' opinion:
Close
Entrar
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.
manager photo manager photo
Online-support
Ficamos satisfeitos em responder quaisquer perguntas que você possa ter

Escrever

Get bonus