EurUsd: A throwback with 1.11118 as an objective?
Yestarday's rally seemed to be a fake hope for the bulls, as the EurUsd failed to close above its EMAs, and its Old trend, drawn in Orange. The Major resistance consists of its EMAs, its 1.12239 resistance level, and its Orange trend line.
Unless the major resistance is clearly cut, the current movement suggests the past couple of days to be the triangle's throwback. In this case the target is around 1.10284, with 1.11118 as a primary objective, a support level it has reached few days ago.
A clear cut through the major resistance area, will send it back to a bullish market with 1.13373 as an objective, and 1.12604 as a primary objective.
The daily Pivot Point is around 1.12299. The daily support levels are around 1.11639 and 1.10986. The daily resistance levels are around 1.12952 and 1.13612.
Unless the major resistance is clearly cut, the current movement suggests the past couple of days to be the triangle's throwback. In this case the target is around 1.10284, with 1.11118 as a primary objective, a support level it has reached few days ago.
A clear cut through the major resistance area, will send it back to a bullish market with 1.13373 as an objective, and 1.12604 as a primary objective.
The daily Pivot Point is around 1.12299. The daily support levels are around 1.11639 and 1.10986. The daily resistance levels are around 1.12952 and 1.13612.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。