TipTVFinance

EUR/USD nears 23.6% Fibo support

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

Support – 1.1431, 1.14, 1.1342

  • Euro’s failure to take out 1.1534 yesterday followed by exhaustion near 1.15 today saw the currency drift lower to near 1.1431 (23.6% of 76.4% of 1.1714-1.0517).
  • The hourly RSI is nearing oversold territory and daily RSI stays above 50.00.
  • Consequently, a rebound from 1.1431 could be seen and may yield a re-test of 1.1465. A break higher would expose 1.15 handle.
  • On the lower side, breach of 1.1431 would shift risk in favor of a drop to 1.14.

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