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9th June 2015 | Free Forex Analysis | EURUSD had a nice climb

  EURUSDH4(4)

EURUSDM30(6)

 

Dear surfer friends, let’s take a look at our market

How did it go yesterday?

Yesterday, the price has shown a willingness to rise beyond our expectations. The macropattern has not done what we were expecting. In the evening, the price reached the psychological level of 1.1300.

Technical analysis

Normally when the the price approaches the psychological level  of  1.1300   there is some apparent uncertainty .It looks like now the price seems to not have a clear idea of where to go. Pay attention because with the  failure of the DP test  the price can go down. . The hot zone is around 1.1350 where there is a confluence of resistors.

Plan of the day

Let’s wait for the DP test and then we can think of testing the hot zone since the triad DWM is bullish configurated.

Relevant economic news

Nothing to add today.

 

Surfingthepips wishes you a good day!!!

 

 

Daniele Angellotti Certified Trader | SurfingThePips.com

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