EURUSD approaching resistance, potential bearish reaction

FX:EURUSD   歐元 / 美元
EURUSD bounced nicely off its support at 1.2343 (50% Fibonacci retracement ) where it is approaching its 1st resistance at 1.2444 (61.8% Fibonacci extension x2, Horizontal swing high resistance) where a potential reversal may occur, pushing price back down to its 1st support or 2nd support at 1.2277 (61.8% Fibonacci retracement , horizontal swing low). If it breaks past this level it could also fall to its 3rd support at 1.2162 (61.8% Fibonacci retracement , L T 38.2% Fibonacci retracement , multiple swing low support). We have also identified another resistance at 1.2522 (100% Fibonacci extension , multiple swing high resistance).

Stochastic (89, 5, 3) shows it approaching its resistance at 98.04% where a corresponding reaction could occur.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Guys, get more real-time updates on our trading ideas here : https://t.me/tickmillroom

This analysis is provided as general market commentary and does not constitute investment advice.
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 價格 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表解決方案 尋求幫助 功能請求 部落格 & 新聞 常見問題 維基 推特
概述 個人資料設定 賬戶和賬單 尋求幫助 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出