26 июля 2018, EUR/USD
Technical observation
Yesterday EUR/USD went up as predicted to the resistance line 1.1744.I expect a clear breach above it followed by a correction to it for possible bullish momentum towards the resistance 1.1837 and a possible breach above it too for a further rise in price towards 1.1937.My advice, wait for the break out above 1.1744 and a the retracement to it then long EUR at it with your take profit at 1.1837 and stop loss around 1.1707.Short term traders can sell the pair now from 1.1744 but not for long. Right now, remain flat temporarily and wait for the breakout above 1.1744 before you buy EUR towards 1.1837.
Technical levels
Resistance levels
R1.1.1749
R2.1.1754
R3.1.1767
Pivot
1.1746
Support levels
S1.1.1737
S2.1.1729
S3.1.1717
Trade signal
Remain flat temporarily.
Do you know against which currencies EUR is the most profitable?
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