25 Juni 2018, EUR/USD
Technical Observation:
Last week, Eur traded rapidly to the upper side and even went above the 4 hour resistance line 1.16464. This is a significant move and while the price is contained above this line, I expect a rally upwards with an ideal take profit at 1.18394. On its way upwards, the key lines to take profits include 1.17395, 1.18125 and 1.18394. And should the price breakout above this line, then I advice waiting for a pullback to the just broken line to buy eur towards 1.19815. Technical Levels
Resistance levels
R1: 1.173
R2: 1.1782
101% Double the volume