Markets work on Support/Resistance within a trend. This is current S/R for EURUSD before U.S hike interest rates occurs.

Markets work on Support/Resistance within a trend. This is current S/R for EURUSD before U.S hike interest rates occurs.

27 November 2016, 08:00
Yohana Parmi
2
133

Hello traders,

  • Usually, markets is in under consolidation before high impact event occurs.
  • In current period, market still waiting how FED will make a real decision for hike interest rate in December 2016.
  • A2SR help us to identify where is SR levels in sideways strategy, it faster than our mind. 
  • People who understand how to work with Support and Resistance will get benefit from this screenshot :)

 

To face high impact event when U.S hike interest rate occurs, then we highly preferred to create a trading plan

We should not miss a good opportunity :)

Btw, this is not a trade recommendation, I just share it for your review.

Good luck. 

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