Forex4you - Analytics

    Forex4you

    550.75 6.50/10
    60% of positive reviews
    Real

    EUR/USD: slight downside bias probably to extend

       
    The EUR/USD pair will probably continue moving broadly down.

    A break below today’s 1.0965 lows would probably confirm more downside, with the start of a nw mini-down-trend and a stronger signal that the broader down-trend might be extending itself. The next target for such a move would probably be at the 1.0915 lows.

    A clear break above 1.1068, however, would probably negate the bearish view.

    EURUSD14b

       
    The EUR/USD pair will probably continue moving broadly down.

    A break below today’s 1.0965 lows would probably confirm more downside, with the start of a nw mini-down-trend and a stronger signal that the broader down-trend might be extending itself. The next target for such a move would probably be at the 1.0915 lows.

    A clear break above 1.1068, however, would probably negate the bearish view.

    EURUSD14b


    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