08 Tháng sáu 2018, EUR/USD
Technical observation
Yesterday, EUR/USD rose towards the resistance 1.1944 but did not reach it, I still expect a rise in price up to 1.1944 and rejection from it for possible bearish momentum towards the zone 1.1730-1.1692.In case there’s a clear breach below 1.1692 with a big red candle, wait for a correction to it then short the pair on the second retracement to the zone just to ensure it is not a false breakout. I would advise you remain flat right now and wait for the retracement to 1.1944 then short EUR around it with your take profit at 1.1730 and stop loss around 1.2042.On the chart above only short positions look ideal and can be advised.
Technical levels
Resistance levels
R1.1.1713
R2.1.1767
R3.1.1868
Pivot
1.1671
Support levels
S1.1.1611
S2.1.1563
S3.1.1461
Trade signal
Remain flat.
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