TODAY TECHNICAL LEVEL :
Breakout Buy level : 1.4056.
Strong Resistance : 1.4047.
Original Resistance : 1.4034.
Inner Sell Area : 1.4020.
Target Inner Area : 1.3987.
Inner Buy Area : 1.3953.
Original Support : 1.3940.
Strong Support : 1.3926.
Breakout Sell level : 1.3918
TODAY OUTLOOK :
It looks like today the EUR/USD wants to test its last channel at 1.3956; if this level can hold this pair and provide a strong support for today, it will cause the EUR/USD to go up again and the pair will test the 3 days high at 1.4015, and if this level can be broken out, this will indicate the bullish situation for the EUR/USD is back. On the other hand if the 1.3956 level cannot handle the downside movement of this pair and the EUR/USD closes below this level, it will indicate that the upside movement of this pair will be held.
TODAY SUGGESTION :
BUY if the EUR/USD can break out and close above 1.4015 and set Take profit at 1.4025 as the first target and 1.4050 as the second target.
SELL if the EUR/USD can break out and close below 1.3956 and set Take profit at 1.3945 as the first target and 1.3925 as the second target.
http://instaforex.com/forex_analysis/24931/?x=OUE
C-GB
C-GB Algo Hedge Fund,with the Best Pamm Account Managers,a pure systematic (automated) trading program which is quite different than most as it utilizes sophisticated algorithms , our Fund provides exceptional strength, and stability. Trading Forex, CFD's Gold,Oil,Futures, New Clients Receive Free Start-up Capital -No Catches No Risk- Invest in C-GB Algo Hedge Fund open an Account in Minutes Below.
No comments:
Post a Comment