Razvan

EURUSD - Short Term Forecast

FX:EURUSD   Euro Fx/U.S. Dollar
348 0 8
After a bumpy week the Euro             managed to gain in front of the US dollar             . The Non-Farm Payrolls dissapointed the markets with a 74K reading and send the EURUSD             to 1.3675 resistance.
On the 60 min. chart we can see that the price ha moved lst week between 1.3675 and 1.4560. Now there is a small Pennant right under the Key Resistance. If the price will break up then I expect a rally to 1.3730. On the other hand a drop bellow (or a flase breakout followed by a drop) the 1.3653 local support could send the price lowe to retest 1.3610. You can also see my full EURUSD             analysis and forecasts on www.investazor.com.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out