EURUSD – Up Technical Observation: Recently, a bearish breakout was witnessed when Eur went below the supportive zone 1.1826-1.1841 and is still below this zone, Unless there’s a clear breakout above 1.1841 with a big green candle, I’ll only be interested in a short position with a take profit at 1.1745. A break above 1.1841 may push the price to the upper side towards 1.1925, this is however not expected since on the monthly chart, Eur is bouncing off from major monthly resistance line 1.1940, and may continue short for a long time Technical Levels Resistance levels R1: 1.183 R2: 1.1833 R3: 1.1838 Pivot 1.1828 Support Levels S1: 1.1818 S2: 1.1823 S3: 1.1825 Trade Signal Short Eur now towards 1.1745
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