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FxWirePro
Aug 14, 2015 11:09 AM

EUR/USD forms BIG Wpattern,break above 1.1215 confirms bullishne Long

Euro Fx/U.S. DollarFXCM

Description

EUR/USD has formed BIG W Pattern. Major resistance is around 1.2150 and any break above confirms bullishness, jump till 1.1435/1.1465.

On the downside major support is around 1.1050 and break below confirms short term weakness, a decline till 1.100/1.0920 cannot be ruled out.

The minor support are at 1.1140/1.1090/1.1065.

It is good to buy above 1.1215 with SL around 1.1140 for the TP of 1.1435/1.1460
Comments
HayriB
I think you mean 1.1250
HayriB
or 1.1215
FxWirePro
Sorry 1.1215
Cityfox
you need to update your text as well
Cityfox
1.2150?
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