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
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