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21 th July 2015 | Free Forex Analysis | EURUSD is arising

 

EURUSDM30(12)
EURUSDH4(9)
Dear surfer friends, let’s take a look at the market.
How did it go yesterday?

Yesterday, the price remained, in fact, arround the 1.0870 and 1.0820 level. We sent two signals S & R one of which was cancelled  this morning, and the other was executed depending on the broker and then stopped. If it didn’t enter, it was canceled this morning without doing anything. Signals are at the limit edge where a half pip can make a difference. The signal intraday was not entered and was therefore also deleted.

Technical Analisis

Today the price has remained strong in congestion until it climbed the slope reaching the 1.0870 area and approaching to a trendline resistance. The DP has already been tested and the triad DWM is in bearish configuration. The monthly Pivot is quite far which give us signs of imbalance.

 

Plan of the day
We will have to follow the price in its evolution and ensure its proximity to potential hot spots which we will use as reference.

 

Relevant Economic News
nothing important for us

 

Surfing the pips wishes you all a good day!

 

 

Surfingthepips staff wishes you all a good day.

 

Daniele Angellotti Certified Trader | SurfingThePips.com

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