novvoll12
Long

EURUSD 1.1130: – Triangle resistance reverts to support

FX:EURUSD   Euro / U.S. Dollar
EURUSD             found support at 1.1016 (August 18, 2015 low) near the former 2-month triangle resistance, now support, and 50% of the 1.0847/1.1213 rise. Subsequent strong rebound signals basing and shifts the focus to 1.1213 for a retest. Clearance above there would challenge 1.1277 (near 76.4% of the 1.1435/1.0807 fall) ahead of the 1.1385 area (near falling trendline from May 15, 2015 high). Only a reversal below 1.1016 would negate the bullish scenario and weaken towards 1.0942 initially.

Outlook:
Short term: bullish
Long term: neutral
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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