EUR/USD made a low of 1.1325 and recovered from that level. Intraday trend is bullish as long as support 1.12990 holds.
On the downside break below 1.1299 will take the pair to 1.12590/1.12180 ( 61.8% retracement of 1.109 to 1.1426).
The pair’s minor resistance is around 1.1456 and any break above will take the pair to 1.1567 ( 61.8% retracement of 1.1858 and 1.1096).
Indicators (15 min chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy
Recommendation: Buy EUR/USD around 1.13750, SL 1. 1320 , 1.1456.
On the downside break below 1.1299 will take the pair to 1.12590/1.12180 ( 61.8% retracement of 1.109 to 1.1426).
The pair’s minor resistance is around 1.1456 and any break above will take the pair to 1.1567 ( 61.8% retracement of 1.1858 and 1.1096).
Indicators (15 min chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy
Recommendation: Buy EUR/USD around 1.13750, SL 1. 1320 , 1.1456.
sergestone
RSI is very low on daily, weekly and monthly, so yes, it's got to make some headway and level off some more.
+1
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