TipTVFinance

EUR/USD – Needs to close above 200-DMA

FX:EURUSD   Euro / U.S. Dollar
  • Pair’s retreat from the early US session high of 1.1165 to 1.1115 if followed by a day end closing below 200-DMA level of 1.1104 levels would add credence to the repeated failure to sustain above 200-DMA seen this week and open doors for a slide to 1.10 handle.
  • On the other hand, a daily closing above 200-DMA would suggest the recovery from post Brexit low of 1.0911 has resumed and would establish the minor rising trend line as a strong support.
  • Such a move could yield a break above post Brexit high of 1.1181 (38.2% of 1.1616-1.0911) and test of 1.1236 levels.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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