Buy EURUSD | 12 Enero 2018

12 Enero 2018, EUR/USD

Buy EURUSDT

echnical observation

On the 4H chart above,EUR has been trading on an upward trend with two retracements at a key zone (1.2003-1.1992),price broke below the zone and was contained for a short time then broke above it with a big green candle. Currently price is rallying above the zone and I expect a rejection of price at it to buy EUR towards 1.2087,if price breaks above this line then I expect a further rise of price. Incase price breaks below the zone ,wait for a retracement to it to confirm that price is going down before you sell EUR .

Technical levels

Resistance levels

R1.1.2055

R2.1.2058

R3.1.2066

Pivot

1.206

Support levels

S1.1.2047

S2.1.2042

S3.1.2034

Trade signal

Buy EUR within the key zone(1.2003-1.1992),with your take profit at 1.2078 and stop loss slightly below 1.1992

.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.