General overview for 06/11/2015 09:20 CET
The bottom for the wave b purple looks to be in place and the market should unfold another upward wave to complete the cycle. The first possible target is around the golden channel trend line resistance and demands breakthrough zone resistance between the level of 133.70 - 133.91.
Support/Resistnace:
130.50 - WS2
131.60 - Intraday Support
131.75 - WS1
132.70 - Intraday Resistance
132.82 - Weekly Pivot
Trading recommendations:
Buy orders from yesterday should be kept open with TP at the level of 133.40.
