EURUSD - Trade Analysis > Month of October, 2017
Updated: Trade Analysis > EURUSD
Timeframe: 3W
Expecting uptrend to continue toward 1.1870 / 1.1950 levels with test of 1.2030/37 resistance possibility.
Strong reversal expected which could lead to low target @ 1.1380 levels.
Overall monthly average high range expected to hold between 1.1870 / 1.1950 levels
Average High @ 1.1810
Average Low @ 1.1380
Anticipated October closing price @ 1.1550
Updates / Adjustments will be reflected in comments.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Updated: Trade Analysis > EURUSD
Timeframe: 3W
Expecting uptrend to continue toward 1.1870 / 1.1950 levels with test of 1.2030/37 resistance possibility.
Strong reversal expected which could lead to low target @ 1.1380 levels.
Overall monthly average high range expected to hold between 1.1870 / 1.1950 levels
Average High @ 1.1810
Average Low @ 1.1380
Anticipated October closing price @ 1.1550
Updates / Adjustments will be reflected in comments.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Commento:
The rise before projected fall?
Commento:
Possible re-test of 1.2091 resistance may be in play. Break & Hold below 1.1845/40 support can resume downward trend w/break below 1.1729 adding stronger confirmation toward 1.1669 support.