Main Quotes Calendar Forum
flag

FX.co ★ Trading plan for the US session on June 19 EUR / USD

parent
Forex Analysis:::2018-06-19T21:58:09

Trading plan for the US session on June 19 EUR / USD

To open long positions for EUR / USD, you need:

Consider buying euro in the afternoon better after the update of a new level of support in the area of 1.1513 or a rebound from the minimum of 1.1482. The main goal for long positions will be the consolidation above the area of 1.1562, where it will be possible to talk about the return and the repeated test of the morning resistance level of 1.1603, where I recommend fixing the profit.

To open short positions for EUR / USD, you need:

While the trade is below the level of 1.1562, the pressure on the euro will continue, which will lead to a further sell-off with the test of new lows around 1.1513 and 1.1482, where I recommend fixing the profits. In the event of a return to the resistance at 1.1562 in the afternoon, sales of the euro can be returned to the rebound from 1.1603 and 1.1642.

Trading plan for the US session on June 19 EUR / USD

Description of indicators

MA (average sliding) 50 days - yellow

MA (average sliding) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20

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...