Place a pending sell limit order at 1.15305. | 20 Agustus 2018
20 Agustus 2018, EUR/USD
Technical Observation:
Last week, euro established a good support at 1.15305. Despite being a good support, this line was broken and the price is still pretty much below this line, while the price is contained below this line, we expect a possible rally to the lowerside. If you’re not already in any position, you could wait for a retracement towards 1.15305 to pick a short position. You could also place a pending sell limit order at 1.15035 with your stop loss above 1.16350 and take profit at 1.12850.
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