EUR/USD: Under Pressure Aiming at 1.1200 - 1.1180
EUR/USD intraday bearish , daily bearish
RSI and MACD are has broke trend line indicating further downside action.
Potential for 1.1200 testing 61.8% of major bull cycle.
Allowing market volatility and reaching falling wedge test at 1.1180 considering U.S Index strong performance.
U.S Index as a swing target at 98.00 , which could be an indication that EUR/USD should start correction after reaching 1.1100 - 1.1180
Recommendation:
Entry levels: 1.1300 - 1.1320
Invalidation: 1.1360 - 1.1420 bullish confirmation level.
Take profit: 1.1280 . 1.1250 . 1.1220 , 1.1200 - 1.1180 - 1.1120
RSI and MACD are has broke trend line indicating further downside action.
Potential for 1.1200 testing 61.8% of major bull cycle.
Allowing market volatility and reaching falling wedge test at 1.1180 considering U.S Index strong performance.
U.S Index as a swing target at 98.00 , which could be an indication that EUR/USD should start correction after reaching 1.1100 - 1.1180
Recommendation:
Entry levels: 1.1300 - 1.1320
Invalidation: 1.1360 - 1.1420 bullish confirmation level.
Take profit: 1.1280 . 1.1250 . 1.1220 , 1.1200 - 1.1180 - 1.1120
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.