Buy from 1.0777 or 1.0677-1.0697 towards 1.10 | 25 April 2017
25 April 2017, EUR/USD
Technical Observation:
Recently, my TP was hit when the price gaped above my previous TP at 1.0777. Today, I expect a fill of this gap, which means, a possible move towards 1.0777 and could extend lower to 1.0697. From the 4Houch chart above, I'm flat temporarily. However, if the price can pullback towards 1.0777 or 1.0697-1.0677, I would be interested in a buy position towards 1.10. My advice, buy upon a clean pullback towards 1.0777 or 1.0697.
Technical levels:
Resistance levels
R2: 1.0865
R3: 1.0869
Pivot Point
1.0861
Support Levels
S1: 1.0853S2: 1.0857
S3: 1.0859
Trade Signal
Buy from 1.0777 or 1.0677-1.0697 towards 1.10
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.
