22 марта 2019, EUR/USD
Technical observation
For two consecutive weeks now, EUR has been rising steadily towards a resistance zone 1.1536-1.1457, currently it is rallying below the zone and my expectation is either a bounce within it or a clear penetration above it for possible bullish price rally towards 1.2654.Remain flat temporarily and wait for either a rejection within the above mentioned zone to sell this pair with your take profit at 1.0335 and stop loss at 1.1858, or a clear break above it with a big green candle followed by a correction and a bounce within it to buy EUR with your take profit at 1.2654 and stop loss at 1.1077.Right now remain flat temporarily.
Trade recommendation
Remain flat temporarily.
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