25 September 2018, EUR/USD
Technical observation
EUR/USD is still rallying on a bearish bias, I expect a decline in price towards the key line1.1344,if you sold this pair within the resistance zone 1.1824-1.1797,remain short with your ideal target at 1.1344,if you had not sold this pair yet, wait for a pullback the zone and a rejection within it to pick short position with your ideal target at 1.1344 and stop loss slightly above 1.1824. Should there be a breakout above 1.1824-1.1797 with a big green candle, I expect a rise to the upper side towards 1.2183 after a correction of price to the just broken zone and a rejection within it.Right now remain short towards 1.1344.
Technical levels
Resistance levels
R1.1.1791
R2.1.1832
R3.1.1903
Pivot
1.1764
Support levels
S1.1.172
S2.1.1691
S3.1.1621
Trade signal
Remain short.
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