15 апреля 2021, EUR/USD
Technical observation
Since it bounced within the supportive zone 1.1750-1.1703, EUR has been trading with an increasing bullish bias, my expect this upwards movement to continue to the resistance level 1.2252 followed by either a clear breakout above it with a big green candle, or a bounce at it followed by another retracement to the zone mentioned above. If you are currently long with this pair, remain so with your take profit at 1.2252 and stop loss at 1.1494. Should price break below the supportive zone 1.1750-1.1703 with a big red candle, you can anticipate a momentum to the lower side after a correction to the just broken zone.
Trade recommendation
Remain bullish with you take profit at 1.2252.
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