24 сентября 2018, EUR/USD
Technical observation
On the daily chart above, EUR/USD is currently trading between a resistance zone 1.872-1.1849 and a support 1.1539, price was rejected around the zone before rallying down and i expect a correction to 1.1539 followed by a rejection at it to buy EUR with my take profit at 1.1849 and stop loss slightly below .1539,in case price does not pullback to 1.1539 and instead rises to 1.1872-1.1849 then breaks above it with a big green candle, wait for a correction to it confirming possible bullish momentum of price before you pick long positions towards the resistance 1.2131.If you sold this pair around 1.872-1.1849,remain short towards 1.1539.
Technical levels
Resistance levels
R1.1.1791
R2.1.1832
R3.1.1903
Pivot
1.1762
Support levels
S1.1.172
S2.1.1691
S3.1.1621
Trade signal
Remain short.
Do you know against which currencies EUR is the most profitable?
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