22 Tháng Năm 2017, EUR/USD
Technical Observation:
Recently EUR has been rising but is currently approaching a key resistance line 1.1448. I expect a possible breakout above this resistance line and then a retracement to the just broken line to re-buy EUR towards 1.2766. Any rejection from 1.1448 will mean a bearish reversal; this being the case, I expect an move to the lower side. On the weekly chart above, I expect further rally to the upper side.
Technical levels:
Resistance levels
R1: 1.1155
R2: 1.1202
R3: 1.1289
Pivot Point
1.0777
Support Levels
S1: 1.0942
S2: 1.1029
S3: 1.1068
Trade Signal
Long Euro towards 1.1448