Re-buy Eur around 1.1617 | 20 Diciembre 2017

20 Diciembre 2017, EUR/USD

Re-buy Eur around 1.1617
Technical Observation:
Eur is currently trading with an increasing bullish momentum. I expected a decline in price towards the supportive zone 1.1617-1456 but as it seems, Eur could just continue upwards notwithstanding my expectation. With that in mind, I expect I rise to the upper side towards the weekly resistance line 1.2464 where I'll be looking for a sell position. Alternatively, if the price should decline, then the best place to pick a buy trade is on a bounce from 1.1617-1.1456 with my take profit at 1.2464.
Technical Levels
Resistance levels
R1: 1.1859
R2: 1.1943
R3: 1.2092
Pivot
1.1799
Support Levels
S1: 1.1496
S2: 1.1645
S3: 1.171
Trade Signal
Re-buy Eur around 1.1617 with your take profit at 1.2464

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.