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peterfx
Oct 26, 2016 10:18 AM

Awaiting price action EURUSD 

Euro Fx/U.S. DollarFXCM

Description

Will wait for price action at 1.09662 level (double top, RSI divergence) before looking for a sell.

Otherwise, if price breaks through this level then I'm waiting for a sell at the 1.11146 level for a retest of the broken daily trend line and a 61.8 of the last impulse down.

Comment

Will be watching price action around 1.115 where the previously broken trend should become resistance. FOMC will likely get us up there tonight.
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