FX:EURUSD   Euro Fx/U.S. Dollar
Euro's sharp recovery from the low of 1.1035 and move back above 1.1066 (50% of 1.0517-1.1616) suggests the corrective move from post Brexit low of 1.09115 has not ended as previously suggested by yesterday's drop and instead a break above 200-DMA level of 1.1096 from here could yield another re-test of 1.1186 (previous day's high) - 1.12.

On the lower side, only a day end closing below 1.1066 from here would indicate the corrective rally from post Brexit low has ended. Prices then could move back to 1.09 handle.

Related Ideas

jimbolopez28
7 months ago
is it good timing to buy?
Reply
TipTVFinance PRO jimbolopez28
7 months ago
Strong only above 1.12
Reply
jimbolopez28
7 months ago
why its moving down right now?
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 Account and Billing Sign Out