FxWirePro
Short

EUR/USD: Sell on rallies

FX:EURUSD   Euro Fx/U.S. Dollar
235 0 9
Major trend line support - 1.10160 ( trend line joining 1.07115 and 1.082115)

Major intraday resistance - 1.1061 (7 day EMA )

The pair has broken major support 1.0160 and declined till 1.09813 at the time of writing. It is currently trading around 1.09890.

The break below 1.0160 confirms minor trend reversal , a decline till 1.09100/1.0870 is possible.

On the higher side, any break above 1.1061 will take the pair till 1.10900 (200 HAM) and it should close above 1.10900 for further bullishness.

It is good to sell on rallies around 1.1000-.1002 with SL around 1.1061 for the TP of 1.0910/1.0870
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out