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Looking for buy positions around 1.1167

Looking for buy positions around 1.1167 | 13 June 2017

13 June 2017, EUR/USD

Looking for buy positions around 1.1167
Technical Observation
On the 12th June of this month, EUR got rejected from both the support line 1.1167 and the rising trend line. Unless there's a clear bearish breakout below both this trend line and 1.1167, I'm looking forward to a reversal from the immediate trend line to long EUR to the upper side. A breach below the trend line and 1.1167 may push the price to the lower side towards 1.1083. On the 4 Hour chart above, buy positions still look more attractive above the rising trend line
Technical levels:
Resistance levels
R1: 1.1228
R2: 1.1251
R3: 1.1291
Pivot Point
1.121
Support Levels
S1: 1.1129
S2: 1.1169
S3: 1.1188
Trade Signal
Looking to buy EUR along the rising trend line towards 1.1448

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Imelda Maseno
Analyst of «FreshForex» company
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