03 tháng tư 2018, EUR/USD
Technical observation
EURUSD went up above a resistance zone (1.2243-1.2201),It then retraced to the zone four times before rising up. Currently price is correcting to the zone and I expect a rejection of it at the zone for bullish movements of price towards the key line 1.2555.I would advise you remain flat temporarily and wait for the correction to (1.2243-1.2201) to close then buy EUR.If price breaks above 1.2555,wait for a correction to it then continue long with EUR,and in case there’s a breakout below (1.2243-1.2201) with a big red candle, wait for a correction to it to confirm bearish movement of price before you sell EUR.
Technical levels
Resistance levels
R1.1.2388
R2.1.2466
R3.1.2587
Pivot
1.2344
Support levels
S1.1.2266
S2.1.2222
S3.1.2101
Trade signal
Remain flat temporarily and wait for a rejection at (1.2243-1.2201) to buy EUR.
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