Currently, further bullish actions could be seen on EURUSD. A break below (1.3044) could be a threat to the bullish scenario targeting (1.3034) even (1.2981). On upside. Immediate resistance is at (1.3227). A close above that area should keep the major bullish scenario intact testing (1.3309) area.Look for...
We believe that possible bullishness could be seen during this trading session. Support is at (1.2964). Break below that area could lead us to neutral zone as direction would become unclear, but as long as price moves above that level the major scenario remains bullish.We will be looking...
It's likely that EURUSD will decline. A break above (1.3103) could be a threat to the bearish scenario targeting (1.3153) even (1.3178). On the downside, immediate support is at (1.3015). Break below that area should keep the major bearish scenario intact testing (1.2954) areaSell on rally for today...
We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (1.2862). Another move back above (1.3103) could lead us to neutral zone.We will be looking to sell EURUSD upon any price retracement.
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.