General overview for 15/12/2015 07:40 CET
As anticipated yesterday, the price went up just to hit the intraday resistance at the level of 133.33 and after that it was capped. The resistance level is still key one, and in case of any breakout to the upside, highs of the recent post-ECB range will be tested.
Support/Resistance:
134.74 - WR2
134.57 - Swing High
133.62 - WR1
133.33 - Intraday Resistance
133.11 - Weekly Pivot
132.48 - Intraday Support
132.12 - 50%Fibo
Trading recommendations:
Day traders should consider placing sell orders only from the level of 133.33 with tight SL and TP at the level of 132.47 and 132.12.
The material has been provided by InstaForex Company - www.instaforex.com