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TradingAlchemist
Oct 14, 2021 9:13 AM

EURUSD📈Resistance level ❗ Long

Euro Fx/U.S. DollarFXCM

Description

EUR / USD forecast assumes the development of a correction and a test of the resistance area near the level of 1.1615. Where can we expect a rebound and an attempt to fall in the pair to an area below the level of 1.1345. A test of the trend line on the relative strength index (RSI) will be in favor of reducing the currency pair. Cancellation of the EUR / USD pair fall option will be a strong growth in quotations and a breakdown of the level of 1.1715. This will indicate a breakdown of the resistance area and a continuation of the rise of the currency pair on Forex to the area above the level of 1.1995

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