10 November 2017, EUR/USD
Technical Observation:
Earlier this week, Eur pulled back upwards instead of pushing lower towards 1.1481. I'm still flat on this pair pair, but if the price can breakout above 1.1698, then I may consider a buy position towards 1.3138 or even higher. On the other side, if the price descends towards 1.1481 but fails to go any lower, then I'll be looking for a buy position with an ultimate take profit fixed at 1.3138.
Technical Levels
Resistance levels
R1: 1.1669
R2: 1.173
R3: 1.1828
Pivot
1.1632
Support Levels
S1: 1.1435
S2: 1.1533
S3: 1.1571
Trade Signal
Buy Eur around 1.1481 towards 1.3138