27 November 2018, EUR/USD
Technical observation
On the daily chart above, a key resistance level is seen around 1.1528.This is a key daily level and as long as price remains below it, I expect nothing but a possible momentum to the lower side. If you’re not in any position right now, you could remain flat temporarily and wait for a rally upwards, or place a pending sell limit order at 1.1528 with your take profit at 1.1216.Should there be a clear break below the level 1.1216 with a big red candle, wait for a pull back to the just broken line confirming possible further bearish momentum of price before you continue short with EUR. Only short positions can be recommended above.
Trade recommendation
Place a pending sell limit order at 1.1528 with your take profit at 1.1216 and stop loss at 1.1662.
Do you know against which currencies EUR is the most profitable?
More trading assets here...
en 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 