We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (1.2888). Another move back above (1.3044) could lead us to neutral zone.We will try to sell EURUSD from our mentioned resistance levels.
We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (1.2888). Another move back above (1.3044) could lead us to neutral zone.We will try to sell EURUSD from our mentioned resistance levels.
EURUSD maintains a bid tone for now. Break above (1.3038) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2973), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2799).Look for short positions for today`s trading session.
We hold a view of the instrument moving in the range of (1.3138 – 1.3005). We have to wait and watch the movement of the instrument from current levels.We prefer to wait for break of upper or lower barrier.
We hold a view of the instrument moving in the range of (1.3138 – 1.2991). We have to wait and watch the movement of the instrument from current levels.We prefer to wait for break of upper or lower barrier.
We see better value in long positions. If the price will advance above the first resistance at (1.3095), this would confirm continuation of the bullish trend, towards next objective upwards (1.3133) then (1.3170) and (1.3245) will follow.Long positions are favored for today.
We see better value in long positions. If the price will advance above the first resistance at (1.3077), this would confirm continuation of the bullish trend, towards next objective upwards (1.3103) then (1.3138) and (1.3275) will follow.Buy on depth for today with a stop loss below (1.2991).
We expect a bullish overall direction for today. That requires the base to build on (1.3138); targeting (1.3243) then (1.3309). A break under (1.3011) support area will extend losses to (1.2992).Our bias is on buying EURUSD with a stop loss under (1.3011) for today.