Short EUR/USD around 1.1993 | 17 Mei 2018

17 Mei 2018, EUR/USD

Short EUR/USD around 1.1993

Technical observation

EUR/USD went down as predicted yesterday and Is currently pulling back to the resistance line 1.1993, I expect a rejection of it from the line for bearish momentum towards 1.1739 and a breakout below it for further bearish movements. I would advise you wait for the correction to 1.1993 then short EUR around it with your take profit at 1.1739 and stop loss around 1.2084.Remain short with EUR after a breakout below 1.1739.you can still short EUR within 1.2235-1.2192 in case price is corrected and is rejected within it.Buy positions can only be recommended in case of a clear breakout above 1.2235.

Technical levels

Resistance levels

R1.1.1976

R2.1.2011

R3.1.2088

Pivot

1.1937

Support levels

S1.1.1899

S2.1.1856

S3.1.1779

Trade signal

Wait for correction to 1.1993 to short EUR.

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.