Austinet24

EURUSD CONSOLIDATING

FX:EURUSD   Euro / U.S. Dollar
EUR/USD Intraday Neutral

Pivot point: 1.1248

Resistance level 1: 1.1280 Resistance level 2: 1.1319 Resistance level 3: 1.1350

Support level 1: 1.1209 Support level 2: 1.1177 Support level 3: 1.1138

Comment: The pair tested all three resistances but closed at resistance level 1 of 1.1239. For future trading references, if the bullish momentum returns then the resistance of 1.1280 could be broken and push the price up to 1.1319. However, if a downward trend returns then the support of 1.1209 may falter, which could pull the price lower to 1.1177.

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