03 Tháng bảy 2019, EUR/USD
Technical observation
EUR pulled itself to the upper side to a resistance zone 1.1472-1.1454 but it could not reach it and was rejected around the zone, since then it has been declining steadily towards a supportive level 1.1257 and is currently trading above it, I expect either a clear penetration below the line with a big red candle or a rejection at it for another rise to 1.1472-1.1454, in case of a clear breakout below the line wait for a retracement to it and a rejection confirming possible bearish price rally before you sell EUR, and should price be rejected at 1.1257, wait for another correction to 1.1472-1.1454 and a bounce within it to sell EUR.
Trade recommendation
Remain flat.
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