19 ноября 2018, EUR/USD
Technical observation
On the chart above EUR/USD is on an upward trend. After breaking above a resistance zone 1.1454-1.1376, price retraced steadily to the just broken zone and was rejected within it before moving up. Right now it is within the zone and I expect nothing but a bounce within it for possible bullish momentum towards the resistance line 1.2450 and a possible breakout above it for a further rise in price towards the highest resistance 1.3456.In case of a clear breakout below 1.1454-1.1376 with a big red candle, wait for a correction to the just broken zone and a bounce within it before you pick short positions towards the support 1.0438.
Trade recommendation
Buy EUR within 1.1454-1.1376 with your take profit at 1.2450 and stop loss around 1.1000.
Do you know against which currencies EUR is the most profitable?
More trading assets here...
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 