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Jan 20, 2019 7:19 AM

EURUSD Technical analysis of next week's trend Long

EURO / U.S. DOLLARICE

Description

EURUSD (Technical analysis of nest week's trend)


FX:EURUSD

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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



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