We're long within 1.1302-1.1286 | 11 June 2019

Technical observation

EUR pulled intensely to the upper side penetrating above a resistance zone 1.1302-1.1286 with a big green candle, it then went down for a day but was rejected within the same zone, this is a bullish dominance signal and while price is above 1.1302-1.1286, I expect a rally to the upper side. You can buy this pair now within the zone mentioned above with your take profit at 1.1537 and stop loss at 1.1201. If price hits the line 1.1537 and clearly breaks above it, then more bullish momentum towards the key level 1.1802 can be anticipated. As it is on the daily chart above, only long positions look ideal and may be advisable.

Trade recommendation

Buy EUR within 1.1302-1.1286 with your take profit at 1.1537 and stop loss at 1.1201.