Come with me if you want to live....
-
Tech Setups For Targeting Bounces In GBP/USD & EUR/USD - Credit Suisse
In a technical note to clients, Credit Suisse outlines the technical setups for targeting the bounces in GBP/USD and EUR/USD along with its current trading positions in the two pairs. GBP/USD has found some stability on approach to trendline/55-day average and 50% retracement levels at 1.5065/32 and has bounced since then, notes Credit Suisse. "Resistance shows at 1.5294/5304, but above 1.5398 is needed to aim at 1.5499. Above here would find our core recovery target at 1.5555/69 – the February high and 38.2% retracement of the entire 2014/2015 bear trend," CS projects. "However, while capped below 1.5294/5304, ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- May 6, 2015 4:54pm May 6, 2015 4:54pm
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
- Comment #2
- Quote
- May 8, 2015 2:52am May 8, 2015 2:52am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....