12 сентября 2018, EUR/USD
Technical observation
The pair on the daily chart above is still rallying above the key support line 1.1539.Yesterday price went up but not for long and is currently pulling back to the line, I expect a rejection of it at 1.1539 for bullish momentum of price towards 1.1849 and a possible breakout above the resistance zone 1.1872-1.1849 for a further rise EUR towards 1.2131 or even higher to 1.2422.Im looking to pick long position at 1.1539 after a rejection of price at it with my take profit at 1.1849 and stop loss around 1.1435.Short positions may only be recommended below the supportive line 1.1539 towards the lower support 1.1341
Technical levels
Resistance levels
R1.1.1619
R2.1.1684
R3.1.1784
Pivot
1.1588
Support levels
S1.1.1519
S2.1.1485
S3.1.1385
Trade signal
Buy EUR/USD at 1.1539 towards 1.1849
Do you know against which currencies EUR is the most profitable?
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