FOREX NEWS. EURUSD keeps declining from $1.4940 down to the lower border of the sloping channel. This morning the price came out of the sloping channel, which can be the signal indicating a reversal.
The professional traders from the Department of studying Masterforex-V trading system provide the following outlook of the situation:
Up:
Аh2 1,4047-1,4223
а(С)/С is being developed
correction grid
Аd2 1,4939-1,4047
Resistance levels:
1,4258 = 23% + 123%
1,4290 = 138%
1,4332 = 161%
Down:
Аd2 1,4939-1,4047
Support levels:
SC
pivot 1,4154 = cancelation of в(С)
pivot 1,4123 = cancelation В
