Eur/Usd Buy Limit (Long) 06-02-2017 (AP)
Hello Dear Traders, Welcome To Growing Forex
Try Creating Pockets From Different Levels As Shown On The Chart
Things To Watch In This Week:
March 7 - Euro GDP
March 9 - ECB Interest Rate Decision
March 9 - ECB Monetary Policy Statement
March 10- Non Farm Payroll
March 10- Unemployment rate
March 10- Labour force participation Rate
The Above Thing Can Boast Their Currency.These Are The Fundamental News To Follow This Week.
Price Has Completed It Wave I (5 waves) Up To 1.0639 levels Likely To Retrace Till 1.0578 ,1.0558 Levels Where We Need Our Buy Limits To Be,These Are The Retracement Of Fib Level 50% & 61.8%.
Once Buy Limits Are Placed Price Will Complete Wave II (3 waves) & Probably Our Target Can Be The Extension Of Wave I & Wave II (1.0763,1.0782).Technically Price Is In The Correction Zone Where Its Initial Target Lies On Or Above 1.0828 Level Which Is A Larger Wave A Correction.
Note : This Is Not An Investment Idea.
Good-Luck,
Regards,
Growing Forex.
Try Creating Pockets From Different Levels As Shown On The Chart
Things To Watch In This Week:
March 7 - Euro GDP
March 9 - ECB Interest Rate Decision
March 9 - ECB Monetary Policy Statement
March 10- Non Farm Payroll
March 10- Unemployment rate
March 10- Labour force participation Rate
The Above Thing Can Boast Their Currency.These Are The Fundamental News To Follow This Week.
Price Has Completed It Wave I (5 waves) Up To 1.0639 levels Likely To Retrace Till 1.0578 ,1.0558 Levels Where We Need Our Buy Limits To Be,These Are The Retracement Of Fib Level 50% & 61.8%.
Once Buy Limits Are Placed Price Will Complete Wave II (3 waves) & Probably Our Target Can Be The Extension Of Wave I & Wave II (1.0763,1.0782).Technically Price Is In The Correction Zone Where Its Initial Target Lies On Or Above 1.0828 Level Which Is A Larger Wave A Correction.
Note : This Is Not An Investment Idea.
Good-Luck,
Regards,
Growing Forex.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.