10 Tháng Mười 2018, EUR/USD
Technical observation
Yesterday the pair on the pair on the daily chart above did not pull down as expected but is currently correcting to 1.1539, I expect a rejection of it at the line followed by bearish momentum towards 1.1344 and a breakout below this line for a further decline in price. On the shorter time frame, this pair is also correcting to a resistance line and I expect bearish momentum. Wait for a correction to 1.1539 and a rejection at it to pick short positions with your take profit at 1.1344 and stop loss slightly above 1.1539.Only short positions can be advisable on this daily chart above and on the lesser time frame of this pair.
Technical levels Resistance levelsR1.1.1552
R2.1.1587
R3.1.1667
Pivot1.1512
Support levelsS1.1.1472
S2.1.1428
S3.1.1348
Trade signalSell EUR/USD at 1.1539 with your take profit at 1.1344 and stop loss slightly above 1.1539.
Do you know against which currencies EUR is the most profitable?More trading assets here...