Euro Testing Critical Resistance Zone
Euro is testing major technical resistance this week at the yearly high-week close (HWC) / 61.8% retracement of the 2023 decline at 1.0942/60. Risk for possible exhaustion / price inflection into this zone.
Key weekly support now at the objective monthly open near 1.07013.
Bottom line: we're looking for a breakout of this range in the weeks ahead for guidance with the immediate advance vulnerable while below this technical hurdle.
Michael Boutros
MBForex
Key weekly support now at the objective monthly open near 1.07013.
Bottom line: we're looking for a breakout of this range in the weeks ahead for guidance with the immediate advance vulnerable while below this technical hurdle.
Michael Boutros
MBForex
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。