FreshForex - Analytics

    FreshForex

    614.75 7.75/10
    65% of positive reviews
    Real

    Levels of support/resistance - 116.15/117.91

    Daily chart: the pair is aimed towards support zone 116.15, where we apparently can look for signals of a significant correction - the last time this level has given 700 points of growth.

    Н4: convergence of oscillator - expressed attenuation of signal and possible correction. Resistance is from the middle Bollinger band (118.23)

    Н1: more localized resistance 117.91

    Expectations:

    The main scenario - correction to 117.91 and then a new wave down to 116.15

    The alternative scenario - test of 116.15 zone and only after that we expect a significant upward correction.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree