23 tháng tư 2018, EUR/USD
Technical observation
On the weekly chart above, EURUSD is on an upward trend. Price retraced at a key support line 1.2239 thrice and is currently pulling back to it, I expect a rejection of it for bullish movements of price towards the key line 1.2563 and a breakout above it for a further rise in price towards the key line 1.2878.I would advise you wait for a close around 1.2239 to buy EUR with your first take profit at 1.2563 and the nest at 1.2878 with your stop loss around 1.2021.Short positions can only be advised in case of a clear breakout below the line 1.2239 with a big red candle and a correction to it towards 1.1727.
Technical levels
Resistance levels
R1.1.2385
R2.1.2482
R3.1.2646
Pivot
1.2317
Support levels
S1.1.2221
S2.1.2153
S3.1.1989
Trade signal
Wait for a close around 1.2239 to buy EUR with your take profit at 1.2563 and stop loss around 1.2021.
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