TipTVFinance

EUR/USD – Needs to close above 200-DMA

FX:EURUSD   Euro Fx/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.
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