EUR USD Technical Analysis
EUR/USD succeeded to stay up above 1.1350 support, break up again on a daily basis 1.1630-price level will confirm medium term rally resumption and target next key at 1.1860 and even 1.2080 However, sustained price below will extend the consolidation pattern from 1.2091 with another decline through 1.1350 support- break again last lows will confirm for more downtrend to closed old GAP from 2016 who located in 1.0770 price area
For trend resistance strip – Until when the Euro-Dollar pair will be traded in a shuffle and indecision trend? – Targets archived!
As I wrote last post EUR/USD we will see retracement – closed daily above 1.1430 will lead to 1.1630 –staying above could give even more up targets such as 1.1670 and even 1.1740
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| EUR/USD TECHNICAL ANALYSIS |
EUR/USD TECHNICAL ANALYSIS: EUR/USD failed to sustain above 1.1800 and went down below to 1.1350 but finished Friday at 1.1415, now we need to see what will happen in 1.1430-1.1460 if the euro will manage to cross those level I’m expecting to see 1.1590-1.1630 price area,While in the other hand close below 1.1350 again will mark that EURUSD is on the way to 1.0770
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| EUR/USD ANALYSIS |
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