Flat | 15 Desember 2017

15 Desember 2017, EUR/USD

Flat
Technical Observation:
Eur is currently edging towards a support zone 1.1695-1.1482. This is a good buy zone, and unless there's a clean breach below it will a big red candle, I expect a bounce from it to pick a low risk buy opportunity. With this buy opportunities, the key take profit lines to look for include 1.2055, 1.2255 and 1.2542. If these lines are broken, then I expect an upward spike towards 1.3855. On the other side, a descend below 1.1482 will push the price to the lower side towards 1.0455.
Technical Levels
Resistance levels
R1: 1.2015
R2: 1.2093
R3: 1.2321
Pivot
1.1790
Support Levels
S1: 1.1382
S2: 1.1645
S3: 1.1732
Trade Signal
Buy Eur within 1.1695-1.1482 towards 1.2542.

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Imelda Maseno
Analyst of «FreshForex» company
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