20 сентября 2018, EUR/USD
Technical observation
EUR/USD is still rallying between the resistance zone 1.1872-1.1849 and the support 1.1539, I expect either a pullback to 1.1539 or a rise to 1.1872-1.1849 and a rejection within it for bearish momentum. Should there be a correction to 1.1539 and a rejection at it, re-buy EUR at it with your ideal target at 1.1849 and in case of a rise to 1.1872-1.1849 and a rejection within it, re-sell EUR within it with your ideal target at 1.1539.Should there be a clear breakout above 1.1872-1.1849 with a big green candle wait for a correction to it confirming bullish movement of price before you pick long positions within it towards 1.2131.
Technical levels
Resistance levels
R1.1.169
R2.1.1756
R3.1.1858
Pivot
1.1661
Support levels
S1.1.1588
S2.1.1554
S3.1.1452
Trade signal
Remain flat.
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