The euro broke through 1.1307 resistance and reach the target the range 1.1372 -1.1438. Currently, the pullback occurs in the euro where the euro again tried to approach the area which had previously penetrated. Conditions of technical indicators showing oversold signals at 1-hour chart. Preference for today is bullish if it turns 1.1307 support to survive and it...
The euro continues to weaken and managed to reach the target the range of 1.1235 - 1.1186. Currently, the euro still in the 1.1096 support area. For today's trading strategy is still looking for a SELL signal. Potentially bearish pressure continues towards the range 1.0965 - 1.0884 if the euro broke through support at 1.1096.
Be - careful with the condition of...
if the price is stuck firmly above support 1.56284-1.56498 and confirmed buy signal appears there is a chance the price will return to the bullish movement further towards next resistance in the range of 1.57155.
Instead pay attention and be aware if sterling weakened against the dollar and support 1.56284 penetrated then there is likely price will move down...
