Remain short with a take profit at 1.1620 | 13 Desember 2017
13 Desember 2017, EUR/USD
Technical Observation:
Eur continues to decline in value and is still bearish both on the daily and the weekly chart. Today, I expect further decline towards 1.1620 and if the price breaks below 1.1450, then the price should continue to decline further towards 1.0475. As it is on the weekly chart above, only a short position looks more ideal and can be advised towards 1.1620. A rebound from 1.1620 will can for a long position with the first take profit at 1.2005 and the next at 1.2665.
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