18 Septiembre 2018, EUR/USD
Technical observation
EUR/USD is still rallying between the resistance zone 1.1872-1.1849 and the support 1.1539,I expect either a rise to 1.1872-1.1849 or a pullback to 1.1539,in case of arise to 1.1872-1.1849 and a rejection within it, pick short position within the zone with your ideal target at 1.1539, and in case of correction to 1.1539 and a rejection at it, re-buy EUR at it with your ideal target at 1.1849.Should there be a breakout above 1.1872-1.1849 with a big green candle, wait for a correction to it confirming bullish momentum of price before you pick long positions towards the resistance key line 1.2131 or even higher to 1.2422
Technical levels
Resistance levels
R1.1.169
R2.1.1756
R3.1.1858
Pivot
1.1657
Support levels
S1.1.1588
S2.1.1554
S3.1.1452
Trade signal
Remain flat.
Do you know against which currencies EUR is the most profitable?More trading assets here...