EURUSD-3rd of 3rd of 3rd ...Update(Key Resistance-1.1098)

As per previous update...EU bounced exactly to 1.1065--1.1070 zone making a high@1.1072...Started Falling Going Below 1.1050...Made a low@1.1037...In present situation if it starts moving above 1.1063..Then EU can bounce in the zone 1.1085--1.1090...Key Resistance -1.1098...or we make a new low@ 1.1015--1.1000 zone

Regards, Abhishek H.Singh, CMT

Trade active:

19:15 Hrs--IST--18th July 2016-- Good Morning & Welcome to New York Session...EU above 1.1063 --should attempt to rally in the zone 1.1085--1.1095...Incase it crosses 1.1105...Beware ...It might surprise bears--Yes you heard it correctly...Going above 1.1105--EU can thrust upside to the zone 1.1385--1.1425...Shall keep you posted....Regards, Abhishek H.Singh, CMT

Trade active:

20:05 Hrs--IST--18th July 2016--- EU started moving as expected from 1.1037 low--named it as "b-wave"...looking for C-wave...in the zone 1.1085--1.1095...If EU touches desired zone one should book profits 20-25 pips..& wait for EU to cross either above 1.1105 or below 1.1070...Here if it crosses upside above 1.1105 ..then we can expected EU to thrust even higher in the zone 1.1385--1.1425 as per earlier update...or Once Target zone 1.1085--1.1095 reached & EU turns down & goes below 1.1070...In that case wait for swing low @1.1037 also to be broken ..then only one should take shorts..Regards, Abhishek

Trade closed: target reached:

23:00 Hrs --IST--18th July 2016--Cheers for 20-25 pips above 1.1063 in EU...look it jumped ...makes a high@1.1083...a=c (both legs are of same length) from 1.1037..Regards, Abhishek

Trade closed manually:

Closed