12 tháng tư 2018, EUR/USD
Technical observation
EURUSD is still trading above the support zone (1.2243-1.2201)and I expect a correction to it again and a rejection of price within or around it for possible bullish movement of price towards the resistance line 1.2555 and a breakout above the line for a further rise in price. Currently it is showing signs of retracing to the zone and I would advise you remain flat temporarily and wait for the pullback to (1.2243-1.2201) to buy EUR with your take profit at 1.2555 and stop loss around 1.2114.In case price breaks below the support zone with a big red candle, wait for a correction to it then sell EUR.
Technical levels
Resistance levels
R1.1.231
R2.1.2339
R3.1.2415
Pivot
1.2267
Support levels
S1.1.2234
S2.1.2186
S3.1.211
Trade signal
Wait for a correction to (1.2243-1.2201) to buy EUR.
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