Place a pending sell limit order at 1.15305. | 20 August 2018

20 August 2018, EUR/USD

Place a pending sell limit order at 1.15305.

Technical Observation:
Last week, euro established a good support at 1.15305. Despite being a good support, this line was broken and the price is still pretty much below this line, while the price is contained below this line, we expect a possible rally to the lowerside. If you’re not already in any position, you could wait for a retracement towards 1.15305 to pick a short position. You could also place a pending sell limit order at 1.15035 with your stop loss above 1.16350 and take profit at 1.12850.
Trade Signal.
Place a pending sell limit order at 1.15305.

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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