Sell EUR from 1.1526. | 14 August 2018

14 August 2018, EUR/USD

Sell EUR from 1.1526.
Technical Observation:
In the course of the last week, EUR brokeout below a 4 hour support line 1.1526 but failed to retraced perfectly to this line. While the price is below this 4 hour support line, I expect a surge to the lowerside. However instead of looking for a short position now, I choose to remain flat and wait for a perfect retracement to this level to short EUR at the lowest risk possible. The idea here is to pace a pending sell limit order at 1.1526. As it is on the chart above, a low risk sell looks more ideal and can be advised
Trade Signal.
Sell EUR from 1.1526.

101% Double the volume

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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.
Imelda Maseno
Analyst of «FreshForex» company
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