Outlookb head DOWN

MACDdirection

Momentumdirection

Weighted M.A.direction

Wed, 15 Aug 2018 09:21:53 +0300
30 Minutes
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EUR/USD

 

ENTRY 1.13161 TARGETS 1.13044 1.12985 1.12868 1.12722 STOP LOSS 1.13454

 

Scenario 1

If the pair manages to withstand the bulls' pressure, it will open the way to test the support level at 1.13161. A successful breach of this level, 1.13161, will impose a bearish outlook, triggering a sell signal targeting the supports at 1.13044, 1.12985 and even lower at 1.12868. A protective stop loss at 1.13454 is highly recommended.

Scenario 2

Should the pair manage to exceed the resistance level at 1.13454, it will eliminate the downtrend scenario, generating a buy signal.