EURUSD
EURUSD rose slowly through the resistance 1.01865 but continued to be rejected so it could not rise beyond its MA100. This rejection caused the EURUSD price to be squeezed so that the possibility of going back down to continue the trend on the MA pattern is very possible. If the 100 MA is not broken today, most likely EURUSD will decline at support 1.01172.
We hold our position yesterday because the possibility of a decline for EURUSD is still there.
R3 1.04146
R2 1.03425
R1 1.02840
PV 1.01865
S1 1.01172
S2 1.00232
S3 0.99923
EURUSD rose slowly through the resistance 1.01865 but continued to be rejected so it could not rise beyond its MA100. This rejection caused the EURUSD price to be squeezed so that the possibility of going back down to continue the trend on the MA pattern is very possible. If the 100 MA is not broken today, most likely EURUSD will decline at support 1.01172.
We hold our position yesterday because the possibility of a decline for EURUSD is still there.
R3 1.04146
R2 1.03425
R1 1.02840
PV 1.01865
S1 1.01172
S2 1.00232
S3 0.99923