General overview for 18/06/2015 08:00 CET It looks similar the upside moving ridge progression to consummate the moving ridge (c) of the bigger moving ridge B regal hasn't been completed yet every bit the offset target is at the degree of 1.1547 (61%FiboExt + Measured Move), bit target is at the degree of 1.1765 (100%Fibo). Nevertheless, the overall pic is bearish together with the downside moving ridge progression volition start sooner or later, nosotros only take away to hold off for moving ridge iv pinkish to travel completed.
Support/Resistance: 1.1547 - First Target Projection
1.1475 - 1.1531 - Supply Zone
1.1365 - WR1
1.1224 - Weekly Pivot
1.1205 - Wave (b) Support
Trading recommendations: The sell orders should travel nevertheless kept opened upward every bit the overall technical pic is bearish together with commutation tidings are currently non inward favor of rigid Euro ( Grexit + possible FED charge per unit of measurement hike this year).
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