General overview for 17/12/2015 09:50 CET
The internal wave progression of the wave b green is evolved into a more complex and time-consuming structure. Inside of this structure, the wave c green to the downside is still missed and a projected target is seen at the level of 132.13.
Support/Resistance:
134.74 - WR2
134.57 - Swing High
133.76 - Intraday Resistance
133.62 - WR1
133.11 - Weekly Pivot
132.70 - Intraday Support
132.12 - 50%Fibo
Trading recommendations:
Day traders should consider placing sell orders only if the level of 132.70 is violated. SL orders should be placed at the level of 133.30 and TP orders should be placed at the level of 132.14.