11 Tháng bảy 2018, EUR/USD
Technical observation
After the rejection from the resistance zone1. 1821-1.1788,EUR/USD is still rallying down towards the support 1.1537,I expect a rally to the support and a possible breakout below it for a further decline in EUR towards the lower support 1.1342.If you sold the pair within 1.1821-1.1788,remain short with your ideal target at 1.537 and stop loss slightly above 1.1821,this pair is pretty bearish and only short positions can be recommended on the chart above as long as price remains below the resistance zone 1.1821-1.1788.In case of a clear breach above 1.1821,wait for a correction to it to confirm bullish movement of price before you long EUR.
Technical levels
Resistance levels
R1.1.168
R2.1.17
R3.1.1747
Pivot
1.1655
Support levels
S1.1.1633
S2.1.1606
S3.1.156
Trade signal
Remain short.
101% Double the volume