Zostať 
Podmienky obchodovania
Nástroje
EUR/USD
The euro fell by 12 points on Monday, up to support on the daily chart of the balance line. This morning, the opening session has already occurred below this line. For a signal for a medium-term price decline, now you need to go below the MACD line, below the 1.1245 mark. Nevertheless, you should be careful - the price channel will be the first support on the way to decline, and at the point of coincidence with the Fibonacci level 100.0% (1.1215), then the signal level of 1.1193 is connected, and the overcoming of which opens the nearest target of 1.1155 – the Fibonacci level of 110.0%. Next Fibonacci 123.6% on the price of 1.1076.
On the four-hour chart, the price formed the second accumulation zone of 1.1245-1.1283, almost exactly corresponding to the range and length of July 2-4. The lower limit of consolidation (1.1245) coincides with the MACD lines on the four-hour and daily charts. This circumstance reinforces the importance of this support.
The risk of a rising movement will increase after the price leaves the current consolidation upwards.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
