View RSS Feed

mql5

EUR/USD Intra-Day Technical Analysis - near 100 SMA/200 SMA ranging area waiting for the direction to break the levels

Rate this Entry
by , 01-20-2016 at 12:59 PM (1041 Views)
      
   
M30 price is located near SMA with period 100 (100 SMA) and SMA with the period 200 (200-SMA) for the ranging condition waiting for the direction to break the levels.

  • If the price will break 1.0975 resistance level so the bullish trend will be continuing.
  • If price will break 1.0859 support so the bearish reversal will be started.
  • If not so the price will be ranging within the levels.

Resistance
Support
1.0975 1.0859
N/A N/A

Name:  111222.png
Views: 41
Size:  16.8 KB

  • Recommendation to go short: watch the price to break 1.0859 support level for possible sell trade
  • Recommendation to go long: watch the price to break 1.0975 resistance level for possible buy trade
  • Trading Summary: ranging

SUMMARY : ranging

TREND : waiting for direction

Submit "EUR/USD Intra-Day Technical Analysis - near 100 SMA/200 SMA ranging area waiting for the direction to break the levels" to Google Submit "EUR/USD Intra-Day Technical Analysis - near 100 SMA/200 SMA ranging area waiting for the direction to break the levels" to del.icio.us Submit "EUR/USD Intra-Day Technical Analysis - near 100 SMA/200 SMA ranging area waiting for the direction to break the levels" to Digg Submit "EUR/USD Intra-Day Technical Analysis - near 100 SMA/200 SMA ranging area waiting for the direction to break the levels" to reddit

Comments