Eur should still rise towards 1.1448 | 29 June 2017

29 June 2017, EUR/USD

Technical Observation
Eur spiked higher but is still below the resistance line 1.1448. I expect a rise towards this resistance line and even a breakout; if this is the case, then I'll wait for a pullback to the just broken line to buy Eur towards 1.2766. If you went long following the previous forecasts, leave this position open with your stop at 1.1448. Further buy positions are only recommended incase 1.1448 is broken clearly to the upperside.
Technical levels:
Resistance levels
R1: 1.1401
R2: 1.1459
R3: 1.1626
Pivot
1.1292
Support Levels
S1: 1.0957
S2: 1.1124
S3: 1.1234
Trade Signal
Eur should still rise towards 1.1448

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Imelda Maseno
Analyst of «FreshForex» company
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