Buy Eur within 1.1876-1.1647 towards 1.2069 | 21 September 2017

21 September 2017, EUR/USD

Buy Eur within 1.1876-1.1647 towards 1.2069

Technical Observation:
As I said on the other day's analysis, , Eur plummeted and is currently rallying around a key buy zone 1.1876-1.1647, unless there's a clear breakout below this zone, I'm patiently waiting for a buy signal within this zone to pick a long position with my target at 1.2069. If this zone is broken, then I'll wait for a pullback to the just broken zone to pick a short position towards 1.1680. As it is, I'm only interested in along position, on the way upwards key lines can be seen around 1.2005 and 1.2058.
Technical Levels
Resistance levels
R1: 1.1996
R2: 1.2102
R3: 1.2275
Pivot
1.1929
Support Levels
S1: 1.1582
S2: 1.1755
S3: 1.1823
Trade Signal
Buy Eur within 1.1876-1.1647 towards 1.2069

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Imelda Maseno
Analyst of «FreshForex» company
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