Have your take profit at 1.2762 | 07 March 2018
07 March 2018, EUR/USD
Technical Observation:
After a break above 1.2215-1.2883, Eur Pulled back to the same zone before picking a momentum to the upper side. I went long with the just mentioned zone and is still holding, my expectations is that the price should continue upwards towards 1.2448 or even higher. On the way upwards, the key lines to look for include 1.24117, 1.2445 and 1.1.25090, if these lines are broken, then I'll be good to remain long with with a take profit at 1.2762.
Technical Levels
Resistance levels
R1: 1.2367
R2: 1.2398
R3: 1.2479
Pivot
1.2318
Support Levels
S1: 1.2157
S2: 1.2238
S3: 1.2287
Trade Signal
Have your take profit at 1.2762
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
