FBS - Analytics

    FBS

    555.25 6.25/10
    84% of positive reviews
    Real

    EUR/USD: technical analysis

    EUR/USD: technical analysis

    We’ve got a local downward trend on the four-hour chart. Yesterday the price was going up and down in a flat and finally reached a support at 1.0858. It’s likely to see a bearish movement to a support at 1.0809, but then the market might start rising towards a resistance at 1.0922.

    EUR/USD: technical analysis

    The pair has been found a support at 1.0834 and a “V - Top” pattern was formed afterwards, so the market had some reasons to start rising. It's likely that the price will go lower to a support at 1.0809. However, bulls might come back and try to reach a resistance at the downward trend between the levels 1.0858 – 1.0880.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree