Buy from 1.0777 or 1.0677-1.0697 towards 1.10 | 25 April 2017

25 April 2017, EUR/USD

Buy from 1.0777 or 1.0677-1.0697 towards 1.10
Technical Observation:
Recently, my TP was hit when the price gaped above my previous TP at 1.0777. Today, I expect a fill of this gap, which means, a possible move towards 1.0777 and could extend lower to 1.0697. From the 4Houch chart above, I'm flat temporarily. However, if the price can pullback towards 1.0777 or 1.0697-1.0677, I would be interested in a buy position towards 1.10. My advice, buy upon a clean pullback towards 1.0777 or 1.0697.
Technical levels:
Resistance levels
R1: 1.0863
R2: 1.0865
R3: 1.0869
Pivot Point
1.0861
Support Levels
S1: 1.0853
S2: 1.0857
S3: 1.0859
Trade Signal
Buy from 1.0777 or 1.0677-1.0697 towards 1.10

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Imelda Maseno
Analyst of «FreshForex» company
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