07 Agustus 2015, EUR/USD
Daily chart: in technical terms, the swing can go up. And given today's Non-Farm Payroll data, the word "technically" ceases to have any meaning. Be careful today .
Below remember about the area O&U, it is possible to have a pin down to this area.
Hourly chart:on the dash down you can possibly pick up of orders from 1.0825. The same can be a place to take off to 1.10..
Scenarious:
1) Dash to 1.10 and a roll down.
2) Dash to 1.0825 and growth to 1.10.
Solutions:
1) Open Purchases - to the break-even, profit at 1.10
2) Waiting with Limit Orders from 1.0825