A break above 1.7557 will be a good first step to confirm the hidden divergence, while a break above resistance at 1.7554 should do the trick and confirm the impulsive rally towards 1.8345.
R3: 1.7625
R2: 1.7598
R1: 1.7557
Pivot: 1.7515
S1: 1.7495
S2: 1.7475
S1: 1.7428
Trading recommendation:
We are long EUR from 1.7495 with our stop placed at 1.7345. If you are not long EUR yet, then buy a break above resistance at 1.7557 and use the same stop at 1.7345.
The material has been provided by InstaForex Company - www.instaforex.com