After the failure in beaking the resistance level at 189.66, I think that we can get in short position with take profit at 185.91.
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After the failure in beaking the resistance level at 189.66, I think that we can get in short position with take profit at 185.91.
http://img.prntscr.com/img?url=http:...om/of0S2WF.png
g j tou mere pass kafi high spread par hai is leyay mainy yaha pr trade karna avoid he kia hai kio k is par trade bhi mughy bhut kam milti hai aur agar kabhi 100 pips ki mili hai trade tou mere sai miss ho gaye hain is leyay mughy aysa lagta hai k agar humy yaha par jou pair par problem ho usy leave kar daina he behter hai hamary leyay...
Keep the price of the pair trades on Friday to stability below 190.00 to constitute a barrier to the resumption of emerging attempts and begins to form both sides of the momentary tendency is clearly drawing facility, we will stay Pending the achievement of price required to penetrate and then to stretch trades about touching the second goal level and centered at 192.30.
Daily Forecast
Major Trend: Bearish
Time Frame: H4
Reason: Perhaps if the market is still a correction, the highest point is at 188.62, and then going down to the 161.8 Fibonacci at 186.70
Recommendation: Sell
The pair is still stable price clearly below the level of 190.00 for the formation is influenced by some negative stochastic interactions of the more bearish wave, the above will support the fluctuating price sideways until required to achieve a breakthrough and then resume rising attempts and registered to the level of 192.30.
New stochastic positive attempts of trying his arrival to the level of saturation of the purchase price and supports the acquisition of the desired torque to achieve the expected trading range expected goals between 186.90 and 189.70.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: The possibility of the market will be bullish if it passes the first resistance at 189.64, and headed to fiboancci 161.8 at 190.05
Recommendation: Buy
The form of the price of the pair positive prompt and clear trades yesterday to assure us that Tmaxh control upside bias and note approaching concentrated resistance around 190.00, recall that the success of the price broke the previous level would open field in front of him to record more profits starting from 192.30 down to the level of 194.10.
Stochastic attempts to provide more torque is formed by a rising new prompt to allow room for the price to achieve the desired penetration and opens the way to reach the objectives of the proposed previously.
Expected trading range between 187.80 and 191.20.
I think that if the Price broke the rib of the lower channel levels, and 23.6% Fibo at 190.00 and closing prices under them is the opportunity to sell the goals of up to 189.75 - 189.50.
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