EURUSD 30-Minute Chart Pivot Levels for 08/17/2015

Ma favorite pivot zones are areas that have been used multiple times as both support/resistance, and the 1.1107 area on the EUR/USD Forex pair is just that! This zone acted twice as support, and twice as resistance, so a very solid pivot area that has proven itself over the past three trading days. Price is currently trading at 1.109, so the 1.1107 zone is likely to now act as resistance.


About Author: author Steve Todorov is the founder of Razor-Forex.com, an ardent digital currency enthusiast and Forex trader. Read More...

Join him on Google+ | Reddit | Twitter

0 comments :

Post a Comment