Full width home advertisement

Post Page Advertisement [Top]

FX Promo Daily Current Analysis 2-12-2016

FX Promo Daily Current Analysis 2-12-2016
EUR/USD: will bulls find happiness in the north?
Recommendation:
SELL 1,077 SL 1,0825 TP1 1,05 TP2 1,022,
SELL 1,0815 SL 1,087 TP1 1,05 TP2 1,022.
EUR/USD H4
On the EUR/USD daily chart, a break of resistance at 1.066 initiated a corrective movement towards the 1.077 level (78.6% Fibonacci from XA wave in "Crab" pattern) and higher. The outlook for this pair is still "bearish", so, pullbacks should be used for the opening of short positions.
EUR/USD H1
On the EUR/USD hourly chart, the "Shark" pattern is still relevant. It allows you to identify the important resistance level at 1.077. A rollback from this mark or from the 1.081-1.0815 range (38.2% Fibo from the last downward wave) will allow to form shorts.



No comments:

Bottom Ad [Post Page]