TipTVFinance

EUR/USD – Eyes 200-DMA support

FX:EURUSD   Euro Fx/U.S. Dollar
Despite Euro’s pullback from three-week low of 1.1123 on Wednesday, the subsequent rejection at 5-DMA in Asian session amid re-entry in the falling channel last Friday and bearish 5-DMA and 10-DMA crossover suggests the currency could drop to 1.1118 (200-DMA), breach of which would bring much stronger drop to 1.1046 (Aug 5 low).

On the higher side, only day end close above 1.1182 (channel resistance) would signal bearish invalidation.
United States
United Kingdom
India
Deutschland
España
France
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 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