TipTVFinance

EUR/USD outlook - testing rising channel support

FX:EURUSD   Euro Fx/U.S. Dollar
Resistance - 1.1465, 1.15, 1.1534

Support - 1.1383, 1.1342, 1.13

  • An hourly closing below rising channel support at 1.1383 levels would expose support at 1.1342-1.1330 levels. Hourly RSI is just short of oversold territory, hence there is a scope for rebound.
  • Rebound from 1.1383 if followed by a day end closing above 1.1464 would shift risk in favor of a re-test of 1.1534 levels.

Note - the previous rebound from rising channel support wasn't a big one, which indicates increased risk of a bearish break
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out