Long Eur | 24 August 2018
24 August 2018, EUR/USD
Technical Observation
Eur is an uptrend, while the price is above the two simple Moving Averages, I expect nothing but a rise towards 1.1735. The line 1.1735 is a key line and while price is below it, I expect a momentum towards it. The idea is to wait for a pullback towards 1.1615 to pick a long position towards 1.1765. On the other side, should the price break below 1.1528, then I'll wait for a pullback to the same line to pick a short position. As it is on the hourly chart, ,only buy positions looks more ideal and can be advised.
Trade Recommendations:
Long Eur
101% Double the volume
!Attention!
All bonus participates in drawdown!
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.
