FxWirePro
Long

EUR/USD :Intraday trade idea

FX:EURUSD   Euro Fx/U.S. Dollar
264 0 6
Major intraday support – 1.0560

Major resistance- 1.06855 (Nov 28th 2016 high)

EUR/USD             edged lower yesterday after OPEC agreed to cut oil             production to 32.5 million barrels per day from the previous 33.7 million barrels per day.

The pair declined till 1.05527 and recovered sharply from that level. It is currently trading slightly above 1.060 level at 1.06195.

The intraday trend is slightly bullish as long as 1.05600 holds.

On the higher side, the major resistance is around 1.0685 and any violation above will take the pair to next level till 1.0755/1.08150.

Indicators (15 min)

CCI (50) – Buy

CCI (14)- Buy

ADX- Strength upward

It is good to buy on dips around 1.0610-15 with SL around 1.0560 for the TP of 1.6080/1.07530.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out