Eur could reversal from 1.1448 | 03 Julio 2017

03 Julio 2017, EUR/USD

Technical Observation For the past week,Eur spiked upwards and even took-out my take profit set at the weekly resistance line 1.1448. On the weekly chart above, I'm waiting for a reversal from this line to short Eur towards 1.0443. A clear breakout above 1.1448 will mean waiting for a breakout above 1.1714 to confirm a bullish move towards 1.2766. From the same chart, short positions seems more ideal and can be recommended unless 1.1448 is not broken upwards.

Technical levels:

Resistance levels

R1: 1.1232

R2: 1.1269

R3: 1.1364

Pivot

1.1175

Support Levels

S1: 1.0987

S2: 1.1081

S3: 1.1137
Trade Signal
Wait for a reversal from 1.1448 to short Eur towards 1.0443

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.