Trading Signal - 24 / 03 / 2016 - 10:00 (GMT +2)

Instrument: EURUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close

1.1164

Change

-0.11 %

Current

1.1164

52 Week High

1.1713

52 Week Low

1.0521

30 Days ATR

0.0070

40 Weeks ATR

0.0172

Time

Trend &
Condition

1.1160

60min
CHART

Next 3 Days

Support &
Resistances

Downwards
Strong

1.1114
1.1033

Comments

1.1140

Entry

SL

SELL

Trade P.

TP1

TP2

Position

Entry

SL

The market is testing support at 1.1140. We are

waiting to see reversal signals in order to reinstate

BUY

LONG positions. Next important support the 1.1000

level.

Trade P.

TP1

TP2

Position

Entry

SL

BUY

Trade P.

TP1

TP2

1.1195
1.1214

Waiting for a retracement higher towards the

1.1195 resistance level in order to reinstate
SHORT positions.

1.1245

1.1342

CHART

Next 3
Weeks

Upwards
Weak

1.1000

1.1477

1.0900

1.1561

Oversold 1

1.1140

Daily

1.1400

CHART

Next 3
Months

Upwards
Weak

Neutral

1.0822
1.0505

Entry, Take Profit &

Stop Loss Levels

Position

Neutral

240min

Position & Trade

Probability

1.1653
1.2166

The market is testing support at 1.1140. We are

waiting to see reversal signals in order to reinstate
LONG positions. Next important support the 1.0822
level.

Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of
investment research.

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