General overview for 10/12/2015 09:40 CET
The wave b green corrective cycle looks completed and now another wave down is ready to develop. The potential target levels are 132.92 and 132.12 in case of extension.
Support/Resistance:
134.16 - Intraday Resistance
133.47 - Intraday Support
133.06 - Weekly Pivot
132.92 - First Target Level
132.12 - Second Target Level
131.56 - WS1
Trading recommendations:
Day traders should consider opening sell orders from current market levels with SL above the level of 134.16 and TP at the level of 132.92.
