General overview for 16/11/2015 08:10 CET
In an alternative count, the five wave impulsive upward structure looks completed, but there is still a chance for one more push higher to complete the wave c green. Only a sustained breakout below the level of 1.3222 would change the short-term outlook.
Support/Resistance:
1.3375 - WR1
1.3348 - Intraday Resistance
1.3298 - Weekly Pivot
1.3266 - Intraday Support
1.3250 - WS1
Trading recommendations:
Day traders should refrain from trading until better trading setup occurs.
