General overview for 23/10/2015:
After an impulsive break below the break-through supply zone, the current wave c green has hit 127% Fibo at 133.62 and weekly pivot support at the level of 133.56. The three-wave structure might be the first sign of the completed wave E of the triangle.
133.40 – Intraday Support
133.56 – WS2
133.62 – 127%Fibo
134.26 – Intraday Resistnace
134.45 – WS1
The TP level recommended yesterday were hit and the short traders advised through the week made profits. Congratulations to all the traders who managed to succeed!
The material has been provided by InstaForex Company – www.instaforex.com