analytics5948b0214f61f.png

Wave summary:

We are still looking for a break above the resistance line near 1.5466 and more importantly, a break above resistance at 1.5567 as confirmation that wave ii has completed and wave iii higher towards 1.6237 and above is developing.

R3: 1.5567

R2: 1.5481

R1: 1.5466

Pivot: 1.5450

S1: 1.5405

S2: 1.5381

S3: 1.5350

We will buy a break above 1.5566

The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.