24 Agustus 2018, EUR/USD
Technical Observation
Eur is an uptrend, while the price is above the two simple Moving Averages, I expect nothing but a rise towards 1.1735. The line 1.1735 is a key line and while price is below it, I expect a momentum towards it. The idea is to wait for a pullback towards 1.1615 to pick a long position towards 1.1765. On the other side, should the price break below 1.1528, then I'll wait for a pullback to the same line to pick a short position. As it is on the hourly chart, ,only buy positions looks more ideal and can be advised.
Trade Recommendations:
Long Eur
101% Double the volume