FxWirePro
Short

EUR/USD is trading near to year low, decline till 1.0390 is poss

FX:EURUSD   Euro Fx/U.S. Dollar
604 1 5
•RES 4: 1.0806 (200 day 4HMA)

•RES 3: 1.0745 (Cloud top)

• RES 2: 1.0645 (55 day 4H EMA)

• RES 1: 1.0590 (20 day 4HMA)

PRICE: 1.05250 @ 10:30 GMT

•SUP 1: 1.0550 (Mar 17th low)

•SUP 2: 1.04610 (Mar 13th low)

•SUP 3: 1.0393 (61.8% retracement of 1.1523 to 1.04613 from 1.10509)

•SUP 4:1.0300

Commentary:

EUR/USD             has broken major support 1.0550 and decline till 1.0393 cannot be ruled out

On the upside minor resistance is around 1.0590 and break above would extend gains till 1.0645/1.0745. Sell around 1.0590 stop around 1.0650 with target of 1.0460/1.0395.





Pricemutation
2 years ago
1.0393 might be possible but 1.0479(previous low on 4-hour chart) is +90% sure.
Reply
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