Main Quotes Calendar Forum
flag

FX.co ★ Major resistance broken, time to go long

parent
Forex Analysis:::2017-12-28T03:56:42

Major resistance broken, time to go long

The price has broken a key level of resistance opening a strong bullish move. We look to buy above 0.7733 support (Fibonacci retracement, horizontal overlap support) for a strong push up to at least 0.7881 resistance (Fibonacci retracement, horizontal overlap resistance).

RSI (34) sees an ascending support line hold bullish momentum up.

Buy above 0.7733. Stop loss is at 0.7628. Take profit is at 0.7881.

Major resistance broken, time to go long

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...