Sell eur upon a bounce from 1.175154 | 31 July 2018

31 July 2018, EUR/USD

Sell eur upon a bounce from 1.175154

Technical Observation:

Eur is currently trading with an increasing bullish bias momentum. The other day, Eur rallied significantly upwards and is showing signs of extending upwards. I'm looking for a potential bounce from the 4 hour resistance line 1.17515-1.17438 to pick a short position with my take profit at 1.15. Should price break above this level, then we are likely to witness a scenario where the price could rally upwards towards 1.18450. You may look for a buy position after this breakout but have your take profit at 1.18450.

Trade Signal.

Sell eur upon a bounce from 1.175154

Do you know against which currencies EUR is the most profitable?

Sell eur upon a bounce from 1.175154

More trading assets here...

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .