EURUSD is in the 1.1340-1.1360 range sideways. The resistance is at 1.1370 in short term. However, the space of dropping is limited. Because the RSI indicators show it is supported by up-trend line.
The target is 1.1295.
Turning point: 1.1370.
Under 1.1370, bearish , target price is set at 1.1325, then 1.1295.
Above 1.1370, bullish , target price is 1.1390,then 1.1410.
RSI technical indicators are bearish and have a further downward trend.
The target is 1.1295.
Turning point: 1.1370.
Under 1.1370, bearish , target price is set at 1.1325, then 1.1295.
Above 1.1370, bullish , target price is 1.1390,then 1.1410.
RSI technical indicators are bearish and have a further downward trend.
Comment:
TP1 reached.