orvilleawright

EURUSD Daily broke and close below the 1.10000 level

FX:EURUSD   Euro / U.S. Dollar
EURUSD             Daily broke and close below the 1.10000 level. Price is trading towards the low of the down channel . The 1.10000 zone has acted as support in the past and could do so again.
quite possible right now ;-)
Reply
orvilleawright x381966011250105
Its possible this level could old again. This level is also close to the 61.8% retracement of the larger trading range. Price could rotate to the bottom of the range. Lets wait and what the price action reveals in the next couple of hours. Note that the short term trend is currently down as we are trading below the 50 SMA, 20 SMA and price is below the PSAR. Happy trading!
Reply
x381966011250105 orvilleawright
There is still some possibility for a downturn towards 1.095. But possibilities for reaching old heights above 1.105 grow up bigger with every next hour of trading ;-) Good luck and profitable trading! ;-)
Reply
orvilleawright x381966011250105
Thanks and same to you!
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out