Eur/Usd Roadmap for 24.06.15
Context:
price rallied off the lows at 11400 , thru the supplyline and shows a little strenght on the retracement where price found minor support at 11800 , we may form a little upchannel ,and if the rallie continues we will see 12700 tested
Trading Opportunities:
Long:
Retracement off minor support at 11800
Reversal at 50% mark 11215 or any higher low at arround 11600
Short:
Reversal at 50% mark 12700
Breakdown of minor support at 11800
breakdown of 50% mark at 11215
Signs of strength:
Break of supplyline
Signs Of weakness:
minor resistance at 12200
Support:
11800
11215
Resistance:
12200
12700
invezted.com
price rallied off the lows at 11400 , thru the supplyline and shows a little strenght on the retracement where price found minor support at 11800 , we may form a little upchannel ,and if the rallie continues we will see 12700 tested
Trading Opportunities:
Long:
Retracement off minor support at 11800
Reversal at 50% mark 11215 or any higher low at arround 11600
Short:
Reversal at 50% mark 12700
Breakdown of minor support at 11800
breakdown of 50% mark at 11215
Signs of strength:
Break of supplyline
Signs Of weakness:
minor resistance at 12200
Support:
11800
11215
Resistance:
12200
12700
invezted.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.