Condizioni di trading
Strumenti
We continue to look for a clear break below minor support at 120.63 and more importantly a break below support at 120.43 to confirm wave v of 2 is unfolding towards the ideal target-zone between 118.85 - 119.24. This should complete wave 2 and set the stage for a new impulsive rally above the peak of wave 1 at 122.66.
Minor resistance at 121.02 should be able to cap the upside for the expected break below 120.63. If, however minor resistance at 121.02 is broken that is a strong indication that we have seen a premature low for wave 2 and wave 3 is developing already.
R3: 126.26
R2: 121.02
R1: 120.80
Pivot: 120.63
S1: 120.43
S2: 120.26
S3: 120.01
Trading recommendation:
We are short EUR from 120.40 and we will lower our stop+revers to 121.10
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.