eu3-1024x413

  • EUR/USD (H4): Possile decreases
  • Forecast: Moving lower from resistance zone and channel upper limit (1.1200)
  • Alternative scenario: Breaking above current resistance                                                   
  • Comments: Momentum in last sessions is clearly downward, so further losses may be possible
  • Payout: PUT @ 1.1200 à 80% return expiring at 23:30GMT

eu-op1

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Damian Chmiel
http://financemagnates.com
Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.

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