EUR/USD – Bearish inverted hammer candle on daily chart

FX:EURUSD   Euro / U.S. Dollar
Support – 1.1465, 1.1431, 1.14

Resistance – 1.1534, 1.1567, 1.16

  • Euro’s bearish inverted hammer candle formation on daily chart , if followed by a break below 1.1464 today would shift risk in favor of a drop below 1.1429 levels.
  • As said earlier this week, bulls need to defend 1.1429 as a violation there after failing to sustain above key resistance zone of 1.1430-1.1534 would open doors for a slide to 1.1202 (5-MA on monthly).
  • On the higher side, 1.1534 is an immediate resistance, which needs to be breached if the pair has to re-test 1.16 levels.
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