Key support for Euro - 1.0843

July 17, 2015

EUR/USD

Daily chart bears still press and now a new support level is 1.0843 (the bottom Bollinger band). Below we have a small downfall to the 5th figure.

Í4: resistance is on 1.0968 (the middle Bollinger band ). On the event a pullback to this area takes place, we can open sales.

Í1: a better shaped resistance on 1.0943

Expectations: so, waiting for a proof-test of the support 1.0843. You can sell on this movement if the price makes an upward roll to 1.0943.

Trading decisions

1) Sales from 1.0943 to 1.0843

Publication source
FreshForex information  FreshForex reviews

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