TipTVFinance

EUR/USD- stuck at rising trend line resistance

FX:EURUSD   Euro Fx/U.S. Dollar
Resistance - 1.1620-1.1625, 1.17-1.1714

Support - 1.1534, 1.1465

  • Euro's failure to take out rising trend line hurdle seen on the 4-hour chart coupled with overbought hourly and 4-hr RSI indicates the currency could re-test strong support at 1.1534. A violation there would expose 1.1464 levels.
  • On the higher side, resistance at 1.17-1.1714 could be put to test, although such a move would require a convincing break above 1.1625 levels on hourly chart (at least).
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out