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.

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