RadioForex

EURUSD Technical analysis of next week's trend

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
EURUSD (Technical analysis of nest week's trend)


EURUSD

RadioForex

AS you can see the picture, the price has fallen to the bottom of the down channel on the daily chart.
we expect a rebound in a bullish trend if it failed to break the price level of 1.13542.




On a short-term chart, it looks like the price has reached its lowest level.
For this reason, we expect to see a bullish trend up to 1.1578 in next week.


Fibonacci Pivot Points

Support C @ 1.1305
Support B @ 1.1371
Support A @ 1.1412


Pivot Point @ 1.1479


Resistance A @ 1.1545
Resistance B@ 1.1586
Resistance C @ 1.1653



RadioForex
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.