TipTVFinance

EUR/USD – Bearish divergence on hourly chart

OANDA:EURUSD   Euro / U.S. Dollar
Hourly chart

Support

1.1049 (50% fib of Oct fall)
1.10 (5-DMA)
1.0950 (10-DMA)

Resistance

1.1095 (61.8% fib of Oct fall)
1.1127 (50-DMA)
1.1180 (200-DMA)

Comments – The bearish divergence on the hourly chart could yield a minor corrective move to 1.1049-1.1020, although the overall trend remains bullish as long as the currency pair is above 1.10 handle.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out