For several days the main line of AO_Zotik index has been exploring the flat zone of Weekly time-frame at Forex market. At the same time the Daily line of support/resistance is being set with a positive value, which speaks about the change of daily Euro trend. The chart h4 has introduced certain signs of the possible termination of the first Daily wave up.
The last fact brings hardly any intrigue to any trader in terms of assessing the perspectives of further price development and taking the right trading decisions... particularly if to take into consideration the fact that today is American monthly “special day”.
According to the specialists of the System of Early Prediction Sub-department of , lower time-frames are to be closely observed in terms of intraday trade. At this point there are assumptions for forming a correctional pullback of m30-h1 wave level down with possibility of further decline of lowering the upper level.
Анализ: Татьяна Каширская, аналитик отдела "Форекс, курс евро", трейдер кафедры СРП Академии трейдинга Masterforex-V
