Trader_97

EUR/USD REACTS TO SUPPORT AT 1.0670 AND NOW BACK ABOVE 1.07

FX_IDC:EURUSD   Euro / U.S. Dollar
39 0 2
AFTER A FAILURE TO CLOSE ABOVE THE 1.0788 AREA RESISTANCE YESTERDAY EURO             FELL AND THE SELL OFF CONTINUED TILL WE REACHED THE 1.0670 AREA WHERE WE HAVE A MINOR SUPPORT. EURO             REACTED TO IT BY POSTING A DECENT BULLISH CANDLESTICK AND NOW SHOWING A BIT OF FOLLOW THROUGH AS WELL.CURRENTLY TRADING AT 1.0714 AREA. BEARISH TREND CHANNEL REMAINS INTACT AS WELL THOUGH THE NEAR TERM TRADING RANGE HAS STARTED TO BECOME NARROW AS WE MOVE CLOSER TO THE TREND LINE RESISTANCE FROM 3RD OF NOVEMBER 2015. WE HAVE MINOR RESISTANCE AT 1.0744 AREA ABOVE IT AT 1.0770 AND AT 1.0788.A CLOSE ABOVE THE 1.0788 RESISTANCE IS REQUIRED FOR A MOVE HIGHER .... BELOW THE 1.0670 AREA SUPPORT LOSSES FOR EURO             WILL CONTINUE TO EXTEND.OVERALL TREND REMAINS BEARISH .PRICE STILL TRADING BELOW THE 100 DAY SMA AND 50 DAY EMA . MACD ALSO MOVING IN BEARISH TERRITORY
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out