General overview for 30/11/2015 07:20 CET
Upward wave development does not look completed yet as there are some internal sub-waves missed. A target is still seen at the level of 1.3433, but the wave progression might extend beyond that level. The first hurdle for bulls will be the golden trend-line dynamic resistance and any breakout above will be first indication that bulls are taking control over market.
Support/Resistance:
1.3447 - WR1
1.3433 - Intraday Resistance
1.3362 - Weekly Pivot
1.3338 - Intraday Support
1.3290 - WS1
Trading recommendations:
Day traders should consider playcing buy orders from current market levels with SL below the level of 1.3338 and TP at the level of 1.3433.
