ACTIV8X

EurUsd: Channeling around in a triangle...

FX:EURUSD   Euro/U.S. Dollar
The EurUsd             is channeling in a descending triangle . The descending triangle consists of its Blue trend line , and its 1.11118 support level in Orange. It has 1.08637 as an objective, and 1.3234 as a rejection level.

As for the channel, the parity was consolidating, lately. If the same consolidation persists, a downward movement to 1.11812 may occur, with 1.12075 as a primary objective.

Breaking out 1.12840 will send the parity to 1.13234, which breaching will reject the descending triangle .

Breaking out 1.11812 will send the parity south to the base of the triangle around 1.11118.

The daily Pivot Point is around 1.12400. The daily support levels are around 1.12004 and 1.11324. The daily resistance levels are around 1.13080 and 1.13476.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out