Постинг
30.06.2016 09:08 -
EURGBP
Background
The setback from Monday’s two-year high deepened Wednesday. Prices declined by more than a big figure to take EURGBP back inside a Keltner channel that is still trending higher. But levels below the Marabuzo line created by Monday’s strong improvement attracted fresh buyers and that point held the downside, on a closing basis. That failure returns the technical focus to the topside with scope for new highs.
Management and risk description
A move to 0.8302 means the stop can be raised to break-even.
Parameters
Entry: buy in 0.8280/0.85 area and any dip to 0.8259.
Stop: 0.8230 offered.
Target: 0.8302 and 0.8322.
Time horizon: intraday, ending 1600 London time, Thursday, June 30.
цитирайThe setback from Monday’s two-year high deepened Wednesday. Prices declined by more than a big figure to take EURGBP back inside a Keltner channel that is still trending higher. But levels below the Marabuzo line created by Monday’s strong improvement attracted fresh buyers and that point held the downside, on a closing basis. That failure returns the technical focus to the topside with scope for new highs.
Management and risk description
A move to 0.8302 means the stop can be raised to break-even.
Parameters
Entry: buy in 0.8280/0.85 area and any dip to 0.8259.
Stop: 0.8230 offered.
Target: 0.8302 and 0.8322.
Time horizon: intraday, ending 1600 London time, Thursday, June 30.
