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Old 09-01-2014, 11:49
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VolkovYuriy VolkovYuriy is offline
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Join Date: Dec 2013
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Default re: FreshForex -

Weekly sketches for 3 pairs

Monthly chart: ADX is close to the point "30", wherein a main trend potential of price movement starts to be manifested. Thus, taking into account a new high reached by bulls, we assume that on completion of a descending swing, Euro uptrend will go on with the same target as earlier at 1.4260.
Weekly chart: closeness of two supportive points 1.3508 and 1.3298. One of them is supposed to provide a strong demand in European currency. Any break of uptrend can only be considered below 1.3107.
Daily chart: here we see a well-formed Over&Under, thus, a main plan would be a deep rollback to 1.3298. Entrance area into sales on this setup is 1.38.
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