Hello trader,
Let mark the important point for eu daily chart above:
- 38.2%fibo=1.5560
- possible double top daily=1.5812
Euro rally two days around 400pips from the bottom 1.5365,look like short term bottom has been place there,i ve marked the support and the resistance zone,the price should retrace anytime,but it should contain above 1.5560,i would like to buy as long as 1.5560 zone hold as a support,target should challenge toward 1.5812 first,fail should bring eu to test 1.5560 first but breakout would bring this pair toward 1.6010 highest before and 1.6208 later,if 1candle open below 1.5540 the sell should trigger and the price have a possible to test the support first around 1.5454 and 1.5365 later.

Above is gbp/usd daily chart,same with euro/usd chart,i ve marked the important point too,let see the point below:
- support zone=1.9337 to 1.9452
- resistance=1.9843
0 comments
Post a Comment