fxstraderomi
Short

EUR/USD: Bearish below 1.0964

FX_IDC:EURUSD   Euro / U.S. Dollar
24 0 0
Bearish below 1.0964

The spot failed to take out 1.0964 (50% Fib of Mar-May rally). The Fib resistance almost coincides with 1.0963 (76.4% of May-June rally). The daily chart also shows repeated failure to take out 1.0964, after having closed below the same on July 15th. The spot also struggled to sustain above 10-DMA located at 1.0941. The daily RSI too is bearish below 50.00. Consequently, fresh offers are likely to push the pair back to 1.0868. A break below the same could open doors for 1.0817 (May low). On the other hand, an hourly close above 1.0964 could see the pair rise to 1.10. However, the outlook would turn bullish only in case of a daily close above 1.0964.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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