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Eur heading towards 1.1448.

Eur heading towards 1.1448. | 28 June 2017

28 June 2017, EUR/USD

Eur heading towards 1.1448.
Technical Observation
Recently, Eur spiked almost 170pips higher and could still rise. On the weekly chart above, I expect a rise towards the weekly resistance line 1.1448 and a even a breakout above. If this is the case, then I'll wait for a pullback to the just broken line to long Eur towards 1.2766. My advice, if you went long based on the prior forecasts, leave this position open but only up to 1.1448.
Technical levels:
Resistance levels
R1: 1.1396
R2: 1.1456
R3: 1.1624
Pivot
1.1289
Support Levels
S1: 1.0955
S2: 1.1122
S3: 1.1229
Trade Signal
Eur could rise further towards 1.1448.

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Imelda Maseno
Analyst of «FreshForex» company
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