We see high chances of the pair move up gradually towards (1.3155 – 1.3218). A proper confirmation would occur if the EURUSD will manage to overcome the (1.3115) resistance over today`s trading session.Look for long positions for today`s trading session.
We expect a bullish overall direction for today. That requires the base to build on (1.3038); targeting (1.3120) then (1.3159). A break under (1.3043) support area will extend losses to (1.2890).Try to buy on depth with a stop loss below (1.3043).
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.
