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UnknownUnicorn1249598
Oct 29, 2017 4:34 PM

EUR/USD mid-term analysis 

Euro Fx/U.S. DollarFXCM

Description

Price is close to a strong S/R level. There is still enough bearish volume to continue lower but anyway, always pay attention to those levels that may become demand and inversion zones.

The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
Comments
traderx_777
Hello,

Tell me,please, S/R means short/resistance? Thank you!
UnknownUnicorn1249598
Hi @traderx_777, S/R means support/resistance. You're welcome :)
traderx_777
@TechnicalPatterns, Thank you!All my best regards!
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