EURUSD Daily Outlook for 20th December, 2013 (Friday)
EURUSD Daily Outlook for 20th December, 2013 (Friday)
Daily Chart
- Euro Continued to go lower, and now getting close to major support area of 1.3620
- We expect the market to stall and minor retrace at this area
Hourly Chart
- good buying opportunity right now while i post this blog!
- Prices are at major support area (61.8% retrace from swing from december)
- another 61.8 level from oct high to nov low
- good s&r area from day chart, 4hr, 1hr charts
- We expect the market to stall at this area and retrace from the recent down trend
Outlook Trade opportunity
Go long now at around 1.3620 - Have three levels of TP 1.365, 1.36670 and third is 1.37 with stops b.e
Risk Level - Low
Tips -
Always take note of any economical news event on our provided calender below
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