SHort EUR around 1.1224 | 14 Juni 2017

14 Juni 2017, EUR/USD

SHort EUR around 1.1224
Technical Observation

In June 9th this year, EUR entered into a rising triangular formation and is still confined with this triangle. Unless there's a clear bullish breakout above the resistance line 1.1224, top of the triangle, I'm waiting to short EUR around this line towards the lower trend line acting as the diagonal to this triangle. On the hourly chart above, 1.1224 is the best place to short EUR while short positions are recommended upon a clear breakout below the lower trend line.

Technical levels:
Resistance levels
R1: 1.1217
R2: 1.1218
R3: 1.1222
Pivot Point
1.1215
Support Levels
S1: 1.1208
S2: 1.1211
S3: 1.1213
Trade Signal
Short EUR upon a clear rejection from 1.1224 towards 1.1165

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.