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CandleReaders
Sep 14, 2017 9:43 AM

EURUSD - Resistance Areas Short

Euro Fx/U.S. DollarFXCM

Description

- Price approaching the area of a possible resistance between Fibo 0.382 and 0.618 of the last move
- This area includes the 0.618 Fibo of last big move
- If the price bounce back from this area the next strong support level can be between 1.18500 - 1.18300

Trade closed: target reached

Comments
CandleReaders
CandleReaders
Price reached the support line at the bottom as expected :)
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