29 Juni 2018, EUR/USD
Technical observation
The pair on the daily chart above could not breach below a support line 1.1537 and is currently pulling back to the resistance zone 1.1830-1.1802,I expect a rejection of it within the zone for possible bearish momentum towards 1.1537 followed by a breakout below it for a further decline in price towards 1.1340.I would advise you wait for a correction to the zone then short the pair within it with your take profit at 1.1537 and stop loss slightly above 1.1830.In case of a breach below 1.1537,wait for a correction to it then continue short with the pair towards the support 1.1340.Only short positions can be recommended.
Technical levels
Resistance levels
R1.1.1734
R2.1.1766
R3.1.1852
Pivot
1.1687
Support levels
S1.1.1649
S2.1.1596
S3.1.1511
Trade signal
Wait for a correction to 1.1830-1.1802 to short EUR/USD with your take profit at 1.1537 and stop loss slightly above 1.1830.
101% Double the volume