Long towards 1.1448 | 19 Junio 2017

19 Junio 2017, EUR/USD

Long towards 1.1448

Technical Observation

EUR is currently trading below its daily pivot line 1.1206. Unless this pivot line is clearly broken to the upper side with a big red candle, I expect a decline in price towards 1.0443. on the weekly chart above, I expect a rise towards the resistance line 1.1448 and even a breakout to the upper side. If this is the case, then we'll wait for a retracement to the just broken line to rebuy this pair. A rejection from 1.1448 may mean a key reversal and could go short for a long time.
Technical levels:
Resistance levels
R1: 1.1227
R2: 1.1246
R3: 1.1286
Pivot
1.1206
Support Levels
S1: 1.1127
S2: 1.1167
S3: 1.1188
Trade Signal
Long towards 1.1448

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.