EUR/USD going to 1.33

EUR/USD going to 1.33

17 August 2015, 13:55
forexintel
1
110

Since there are some indications of the eurusd price going to 1.09 before going up and the BUY order could turn negative, closed the BUY orders on a profit. If there are positive indications for a BUY from 1.09, then will enter a BUY order in eurusd. Expect the price to reach 1.14 before going down to 1.09. Since the price is near a low ZZ in the bigger time frames, will not enter a SELL but wait for an opportunity for a BUY at 1.09.