06 сентября 2018, EUR/USD
Technical observation
If you bought this pair at 1.1539 recently, I would recommended you remain long with your ideal target at 1.1849.I expect a rally towards 1.1849 and a breakout above the resistance zone1.1872-1.1849 followed by a correction to it for possible bullish momentum towards 1.2131.You can continue long with the pair on the daily chart above after a breakout above 1.1872-1.1849 and a correction to it.Short positions may only be recommended after a breakout below 1.1539 with a big red candle followed by a pullback to it confirming bearish momentum of price towards the supportive key line 1.1341.
Technical levels
Resistance levels
R1.1.1667
R2.1.1732
R3.1.1839
Pivot
1.1632
Support levels
S1.1.1561
S2.1.1519
S3.1.1413
Trade signal
Remain long.
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