08 Abril 2019, EUR/USD
Technical observation
On the chart above price is retracing to a resistance zone 1.1528-1.1457 and I expect a rejection of it within the zone for a surge to the lower side towards the level 1.0444, you can remain flat for now and wait for the correction to the above mentioned zone and a rejection within it to sell EUR with your take profit at 1.0444 and stop loss at 1.1739, in case of a clear breakout above 1.1528-1.1457, wait for a correction to and a rejection within it confirming possible bullish price rally before you pick long positions. Right now as long as EUR is contained below the zone 1.1528-1.1457, only short positions can be recommended.
Trade recommendation
Remain flat.