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RoyalFinancialTrading

EUR/USD

Long
Euro / U.S. Dollar (FX:EURUSD)  
RoyalFinancialTrading  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis EURUSD
2
0
trendanalysis eurusd
55-DMA fails to contain selling pressure; the pair remains within a bullish trend since November, with support ~1.1320; Bloomberg Trender Indicator will revert to bearish on close below 1.1343
• 3rd resistance: 1.1490, Jan. 15 high
• 2nd resistance: 1.1425, 21- DMA
• 1st resistance: 1.1383, 55-DMA
• Spot: 1.1377
• 1st support: 1.1353, Jan. 18 low
• 2nd support: 1.1309, Jan. 3 low
• 3rd support: 1.1270, Dec. 14 low
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