Zostať 
Podmienky obchodovania
Nástroje
Technical outlook:
The EURUSD pair is trading very close to our proposed target of 1.1270 at this moment of writing. It is safe to exit short positions at the current price (1.1285) or at 1.1270 levels and wait for further trading signal appearance. Looking at the wave structure, it is more probable to bounce off the Fibonacci 0.618 support at 1.1270, depicted above. The downswing is projected Fibonacci extensions at lower levels though (1.1234). Hence, we shall remain aside/flat to see where support is coming in. Ideally, prices should stay above 1.1180 support but there could be a possibility of a further drop lower. If it does, we would bring up a medium-term update on the 4H chart here. On the flip side, a bullish bounce at 1.1270 levels would warrant price action proceeding towards a new high above 1.1412 levels. For now, take profits on the short positions taken earlier and remain flat.
Trading plan:
Take profits on short positions now or at 1.1270 levels and stay flat.
Good luck!
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
