General overview for 23/12/2015 09:30 CET
The slow and quiet trading before Christmas continues as the market is still inside the daily range. Further development in the corrective wave 4 black is anticipated with a potential target at the level of 1.3677.
Support/Resistance:
1.4100 - WR1
1.4000 - Intraday Resistance
1.3888 - Weekly Pivot
1.3847 - Intraday Support
1.3776 - WS1
Trading recommendations:
Day traders should consider placing sell orders from the current market levels with SL above the level of 1.4000 and TP at the level of 1.3847.
