Remain long towards 1.2476 | 20 Octubre 2017

20 Octubre 2017, EUR/USD

Remain long towards 1.2476
Technical Observation:
Earlier this week, Eur declined in price but failed to penetrate below the support line 1.1717. This is a bulls domination signal, and unless the price breaks below 1.1717 with a big red candle, I expect a rise towards 1.2476 or even higher. On the way upwards, key resistance lines can be seen around 1.1920, 1.2044 and 1.2280. If these lines are broken, then a rise towards 1.2476 will be the next ideal move. This is on the bulls side, if the price breaks below 1.1717, then a drop towards 1.1453 will be the next ideal move.
Technical Levels
Resistance levels
R1: 1.1824
R2: 1.1853
R3: 1.1928
Pivot
1.1778
Support Levels
S1: 1.1626
S2: 1.1701
S3: 1.174
Trade Signal
Remain long towards 1.2476

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus