28 сентября 2018, EUR/USD
Technical observation
The pair on the daily chart above is correcting to the resistance zone 1.1853-1.1824 and I expect nothing but a bounce of it within the zone for possible bearish momentum towards the support 1.1344, or, a clear breakout above the zone with a big green candle followed by a correction to it for possible bullish momentum towards the resistance line 1.2183 and a possible breakout above it for a further rise in price. My advice, wait for a correction to 1.1853-1.1824 and a bounce form it then pick short positions within it with your take profit at 1.1344 and stop loss slightly above 1.1853.Right now only short positions can be recommended.
Technical levels
Resistance levels
R1.1.1791
R2.1.1832
R3.1.1903
Pivot
1.1768
Support levels
S1.1.172
S2.1.1691
S3.1.1621
Trade signal
Wait for a correction to 1.1853-1.1824 to sell EUR/USD.
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