EURUSD - Support & Resistance

16 April 2015, 13:14
Facundo Laje
1
179

 Hello, 

We have EURUSD testing again a very strong resistance zone at 1.07250. This zone is the bottom of a previous Shoulder -  Head - Shoulder. So I think if it break, then we can see a retest (pullback) and then go to the next level (1.09 zone). Now we have  a candle with very high volume and momentum..but is also possible that from 1.0750 we have a rebound to 1.06 level..

This scenario is not easy to trade. Please share your analysis!

Regards 

 

" target="_blank">Chart EURUSD, H4, 2015.04.16 11:01 UTC, HF Markets Ltd, MetaTrader 4, Real 

www.mql5.com/en/signals/71641 

Share it with friends: