Short EUR now | 31 Mei 2018

31 Mei 2018, EUR/USD

Buy EUR now

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

!Attention!
All bonus participates in drawdown!
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Imelda Maseno
Analyst of «FreshForex» company
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