Yesterday EURUSD waves 1606-1625 (19 pips) failed to open the doors at 1639 , mainly due to Italy budget news , on the other side US DOLLAR CURRENCY INDEX is strengthening up to 95.5,
1519-1529 region ( on 21 June) is the key to corrective decision ,
Intraday is Bearish ,BED( best entry decision) is 1540, initial target is 1531, secondary ( 53% ) is 1519, .... 85% (1506...)
your balance should tolerate approx 48 hours to 16 weeks, stop loss is an experimental factor ranging from 38 to 52 pips or it could be placed at initial target.
Forex is hypothetical , all information we provide on our pages (graphical charts or analyses) are for educational purpose , you must not use this information on live trading accounts.
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