EURUSD 4H : Still support to rise up
EURUSD
New forecast
The EUR/USD pair made an attempt to break the 1.0839 level, but it rebounded from it and ended last Friday’s trading above it, maintaining its positive stability while waiting to test the 1.0913 level as a first stop, remembering that breaching this level will push the price to 1.0956 and 1.1012 levels .
Therefore the upward scenario will be remain valid and effective during coming period ,On the other hand, you must be aware that breaking 1.0836 and holding below it will stop the expected rise and put the price under negative pressure.
The expect range trading for today it will be between the resistance line 1.0956 and support line 1.0836.
resistance line : 1.0913 , 1.0956
support line : 1.0836 , 1.0808
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New forecast
The EUR/USD pair made an attempt to break the 1.0839 level, but it rebounded from it and ended last Friday’s trading above it, maintaining its positive stability while waiting to test the 1.0913 level as a first stop, remembering that breaching this level will push the price to 1.0956 and 1.1012 levels .
Therefore the upward scenario will be remain valid and effective during coming period ,On the other hand, you must be aware that breaking 1.0836 and holding below it will stop the expected rise and put the price under negative pressure.
The expect range trading for today it will be between the resistance line 1.0956 and support line 1.0836.
resistance line : 1.0913 , 1.0956
support line : 1.0836 , 1.0808
Attention : We don't have any group in telegram be careful about scammer
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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