General overview for 02/10/2015 07:00 CET
As anticipated yesterday, the market made another sub-wave down, and the current structure looks completed. The bigger abc green structure looks completed as well, but is still not confirmed and might evolve into more complex and time-consuming pattern. Please notice that any breakout below the level of 1.3010 will invalidate the bullish green count.
Support/Resistnace:
1.3208 - WS1
1.3217 - Intraday Support
1.3271 - Intraday Resistnace
1.3312 - Weekly Pivot
Trading recommendations:
The sell orders from yesterday has hit the TP and currently traders should refrain from opening any more traders.
For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of USD/CAD for October 2, 2015 . Thanks for your support.
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