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MACDdirection

Momentumdirection

Weighted M.A.direction

Tue, 22 May 2018 14:11:07 +0300
30 Minutes
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EUR/USD

 

ENTRY 1.18263 TARGETS 1.18357 1.18403 1.18497 1.18614 STOP LOSS 1.18029

 

Scenario 1

EURUSD is trading between 1.18263 and 1.18029. Any decisive movement upwards to penetrate the hurdle at 1.18263 will trigger an entry signal targeting the resistance at 1.18357 and then higher to test the levels at 1.18403 and 1.18497. A protective stop loss at 1.18029 is highly recommended.

Scenario 2

Should the pair manage to breach below the support at 1.18029, it will eliminate the bullish scenario, generating a sell signal.