The euro is trading around 1.0404, making a technical correction after an attempt to break the bearish trend channel but without success.
On the h4 chart. we see technical correction. Therefore, if EUR/USD consolidates below 1.0430, it could continue its fall in the coming days until the price reaches the 21 SMA located at 1.0335.
If the euro breaks and consolidates below 1.0330, we could expect a return to the lows of early January around 1.0227. This level is key and it is expected that in this area the euro will find good support which could give it a new bullish impulse.
Conversely, if the euro consolidates and breaks above 1.0430, it is likely to continue rising and could reach 1.0477, 1.0498, and even 7/8 Murray at 1.0620.
On the h4 chart. we see technical correction. Therefore, if EUR/USD consolidates below 1.0430, it could continue its fall in the coming days until the price reaches the 21 SMA located at 1.0335.
If the euro breaks and consolidates below 1.0330, we could expect a return to the lows of early January around 1.0227. This level is key and it is expected that in this area the euro will find good support which could give it a new bullish impulse.
Conversely, if the euro consolidates and breaks above 1.0430, it is likely to continue rising and could reach 1.0477, 1.0498, and even 7/8 Murray at 1.0620.
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DAILY FREE SIGNAL.
FREE SIGNAL (95% accuracy ) TP AND SL PROVIDED
Public Telegram Channel
t.me/tradeaction0
VIP Telegram Channel
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FREE SIGNAL (95% accuracy ) TP AND SL PROVIDED
Public Telegram Channel
t.me/tradeaction0
VIP Telegram Channel
t.me/FxMr_Signal
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。