EURUSD Outlook for week commencing 12/02/17 (Cautiously Short)
https://uk.tradingview.com/chart/mLSnaZvC/
On a 4 hour basis, a 4 hour sustained close below 1.05959/1.05810 cluster area (purple arrow) should open up route to 1.04515 key support level (green arrow). However we are attentive to bullish divergence seen between 4 hour MACD and price (black lines). On the upside, a 1 hour sustained price close above key resistance 1.07111 (blue arrow) will open up route to near 1.08092/1.08512 cluster resistance zone (brown arrow). A daily close above the 1.08092/1.08512 cluster resistance zone will open up 1.10473/1.11104 cluster resistance zone as target (orange arrow).
Happy trading and may the pips be with you!!!
On a 4 hour basis, a 4 hour sustained close below 1.05959/1.05810 cluster area (purple arrow) should open up route to 1.04515 key support level (green arrow). However we are attentive to bullish divergence seen between 4 hour MACD and price (black lines). On the upside, a 1 hour sustained price close above key resistance 1.07111 (blue arrow) will open up route to near 1.08092/1.08512 cluster resistance zone (brown arrow). A daily close above the 1.08092/1.08512 cluster resistance zone will open up 1.10473/1.11104 cluster resistance zone as target (orange arrow).
Happy trading and may the pips be with you!!!
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.