11 October 2018, EUR/USD
EUR/USD broke is breaking above the resistance line 1.1539 after only one retracement to it this means that price could not be contained below the line so I still expect a pullback to the resistance zone and a bounce within it for possible bearish momentum towards the just broken line. In case of a correction to the just broken line and a rejection, short term traders may pick long positions at it towards 1.1819.Right now remain flat and wait for the correction to the key zone 1.1853-1.1819 to short EUR. In case of a clear breakout above 1.1853-1.1819 with a big green candle, wait for a correction to it to long EUR towards 1.2183.
Remain flat.Do you know against which currencies EUR is the most profitable?
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