31 Mei 2018, EUR/USD
Technical observation
Yesterday, EUR/USD retraced to the broken zone 1.1705-1.1665,currently price is within it and I don’t expect a breakout above it but a rejection from it for possible bearish movements of price towards 1.1393 and a possible breakout below it for a further decline in price towards the lower support 1.1110, I would advise you short the pair now within the zone with your ideal target at 1.1393,in case of a breakout below it continue short with EUR/USD after a correction to it towards 1.1110.The pair on the daily chart above is on a downwards movement and so only short positions look ideal and can be advised.
Technical levels
Resistance levels
R1.1.1707
R2.1.1765
R3.1.1853
Pivot
1.1680
Support levels
S1.1.1619
S2.1.1588
S3.1.15
Trade signal
Short EUR/USD now with your take profit at 1.1393 and stop loss around1.1830.
101% Double the volume