17 November 2020, EUR/USD
Technical observation
On the 4 hour chart above price bounced within a supportive zone 1.1813-1.1807 and is currently trading with an increasing bullish momentum towards a resistance line. If you bought this pair within the zone mentioned above after a bounce, remain long with your take profit at 1.1895 and stop loss at 1.1781. However, if you are currently flat with this pair, wait for either a clear breakout above the line 1.1895 followed by a correction to it to buy EUR ,or, a bounce at the key level 1.1895 followed by a retracement to the zone 1.1813-1.1807 and a rejection within it to buy this pair. Only bullish positions are ideal for the pair above.
Trade recommendation
Remain long with your take profit at 1.1859
en 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 