22 Maret 2018, EUR/USD
Technical observation
Yesterday, EURUSD went up as predicted and is still showing signs of rising. I expect bullish movement of price towards 1.2503 and a breakout above for a further rise in price. If you had not entered a trade yet, you can still buy EUR now with your take profit at 1.2503 and stop loss around 1.2110.In case of a breakout above 1.2503, wait for a pullback to it before you continue long with the pair. If the price breaks down below the zone (1.2215-1.2183) wait for a retracement to the zone to confirm price is on a bearish move before you enter short positions towards the key line 1.1935 or further below.
Technical levels
Resistance levels
R1.1.2377
R2.1.2419
R3.1.252
Pivot
1.2321
Support levels
S1.1.2275
S2.1.2216
S3.1.2114
Trade signal
Buy EUR with your take profit at 1.2503 and stop loss around 1.2110