22 august, 12:05Wave analysis of the forex market. EURUSD
Growth of oil quotations has given Euro support. Nevertheless, the overall picture from it has not exchanged yet. And taking into account that the price «buzz» between correction levels, the variant on continuation of dollar strengthening remains till the moment of working off by correctional levels. Can quite happen that till the end of a month we will see Euro around 1,4355 (38,2 % of correction).
Operating levels for today:
R3 1.5120
R2 1.5015
R1 1.4950
P 1.4850
S1 1.4785
S2 1.4680
S3 1.4615
Since correction levels are not reached, and the wave marking for movement upwards is not generated, the recommendation it is necessary former - to wait better, remaining out of the market. Especially aggressive it is possible to open downwards from the initial 1,4565 and further it is possible to 1,4355. Stop not above 1,4920. Till the end of trading session a position to close.