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justatrader
21 Dis 2015 pukul 17.01

EURUSD downside to 1.063 opens up Singkat

Euro Fx/U.S. DollarFXCM

Huraian

Confluence of horizontal support with median lines. Potential resistance zone at 1.094 - 1.0935 region. Look for doji or bearish reversal pattern here near the outer median line. A break below 1.08168 will see a sharper decline down to 1.0632 region.

Komen

EURUSD Daily chart has formed a H&S pattern. 1.065 - 1.063 most likely on break of the neckline at 1.0837

Komen

The short set up is still governed by the H&S pattern. Here's the updated chart. Not ruling out a move to 1.10, which could be used to take an additional short depending on the risk management.

Komen

12Hour chart view.

Komen

Cover stops to 1.0986, the recent high.

Dagangan ditutup: hentian tercapai

Stopped out: 1.0986
Komen
justatrader
1.08 region of support is still strong, so unless EURUSD breaks below this support the short bias should be approached with caution.
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