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normstock
Jan 5, 2018 6:20 AM

EUR/USD at an important moment 

Euro Fx/U.S. DollarFXCM

Description

Time to face an important resistance that is coupled with a historical reference of 2014, a level that served as support for quite some time.

In my opinion and due to the importance I give to this level it will not be easy to reach the "review" area. If it reaches that point it could well be the beginning of a change in trend. In these cases it is useful to take into account the news and current geopolitical situation.

I only share what I see in my chart, I hope it serves as a reference or point of comparison.

Best wishes to all ..

Comment

The first battle is lost, but what about the war?

we still have an area of 1.19 flat that can be a support, if we cross it we will see if the 3x1 angle resists or the next support in the area of 1.18 ...

this war is just heating up ...

Comment

Moving good, it need a lot of power to cross the 1.21... very probable i'm close at that level.

Comment

Ok... important point, lets see how this moves

Comment

Crossed with force and decision, just what we needed.

Trade closed: target reached

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