Symmetrical Triangle Formation :
* Falling and rising triangle reflects the psychology of investors in the market.
* investors are hesitant to develop which direction the price. So gradually increasing their investments carefully, it is increasingly evident in the narrowing price depth.
* Symmetrical triangles can not give you a general idea of what direction to break the pair will make my break but generally acceptable to the trend direction.
Fibonachi % 236 avarage level 1.12800
PiVOT : 1.12300
Support : 1.12100 - 1.11600-
Resistance : 1.12600 - 1.13200 -1.13950
*** EURUSD a wait the Fed's interest rate decision
* Falling and rising triangle reflects the psychology of investors in the market.
* investors are hesitant to develop which direction the price. So gradually increasing their investments carefully, it is increasingly evident in the narrowing price depth.
* Symmetrical triangles can not give you a general idea of what direction to break the pair will make my break but generally acceptable to the trend direction.
Fibonachi % 236 avarage level 1.12800
PiVOT : 1.12300
Support : 1.12100 - 1.11600-
Resistance : 1.12600 - 1.13200 -1.13950
*** EURUSD a wait the Fed's interest rate decision