Buy Eur towards 1.14145. | 20 Maret 2019

20 Maret 2019, EUR/USD

Buy  Eur towards 1.14145.

Technical Observation

Eur is currently in an active up trendline. On the hour chart attached, while the price is contained above the two simple moving averages, 52, and 14, I expect a bullish bias momentum with an ideal take profit at 1.14145. A clear breach above this line will push the price even higher with an ideal take profit at 1.15. This is from the bullish point of view, in case of a close below the two Simple Moving averages, then I'll expect a decline towards 1.11845. a break below will push the price even lower towards 1.10.

Trade Signal

Buy Eur towards 1.14145.

Imelda Maseno
Analyst of «FreshForex» company
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