EUR/USD profit target reached again, prepare to buy - Forex247

Latest

Keep Your Trading Simple and Smart

Tuesday, October 11, 2016

EUR/USD profit target reached again, prepare to buy

Price reached our profit target for the fourth time in a row. We now look to buy above 1.1130 major support (Fibonacci projection, Fibonacci retracement) for a push up to 1.1205 target.

Stochastics (21,3,3) is above 6% support where multiple bounces have occurred previously.

Buy above 1.1130. Stop loss at 1.1100. Take profit at 1.1205

analytics57fc7a0a540e5.png

The material has been provided by InstaForex Company - www.instaforex.com

From www.instaforex.com http://ift.tt/2dXZhf0

No comments:

Post a Comment