I'm determine reference of 3 day period Resistant area 1.06000 & Support area 1.05600
Next week, I think EUR/USD move to be active more than this week. We will see the prize active move and break though Support and Resistant area ( 1.06000 - 1.06300 ) due to ECN ECB Press Conference on next thursday , and Non farm on next Friday. Sound like exciting for trade
i think it possible if Good Non farm on friday next week. i belive that
Ankit Verma U think prize can take .05400 ?
If you are looking for long term, see the previous chart, you can observe that market is currently on its major support area, I am suggest to sell on higher level strategy , If market again bounce to level of 1.0700 then one can go for short
Thanks Ankit Good idea , Maybe it possible. If the Bad Non farm payroll on next friday. The market it bounce to level of your suggest exact.
Yesterday i sell .06800 3 order before prize go down
Thanks alot AnkitVerma for suggest
Market is taking resistance of its 88.6 Fibo level market can take some time to break its low
i shd sell now or wait
prize is building power at 7568 +- 5 pips
I'm set SL at 7520 i think that point is strong SL waiting for touch TP