Wait for a retracement to buy eurusd with your take profit at 1.13959. | 19 March 2019
19 March 2019, EUR/USD
Technical Observation
Eur rose above the immediate trendline and is still above this trendline. The breakout above this trendline is a major move, and while the price is contained above the two simple moving averages and also above the trendline shown above, I expect a possible bullish momentum towards 1.13959, and should price breakout above, then further momentum even further higher is expected but should not go beyond 1.15056. Selling, or holding onto a sell order on this pair is a bit risky and cannot be advised.
Trade Signal.
Wait for a retracement to buy eurusd with your take profit at 1.13959.
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.
