Technical Analysis and Outlook:
During the trading session of the previous week, the Euro successfully retreated to the critical Mean Support level of 1.173 and proceeded to exhibit a continued downward trend, with a subsequent Mean Support level established at 1.166. Current market dynamics suggest a likelihood of sustaining this downward trend. The primary targets identified for this trend include Mean Support levels of 1.160, 1.153, and the Key Support level at 1.140.
Conversely, the current price action suggests a potential upward movement towards the Mean Resistance level of 1.174. There exists a modest possibility of extending this rebound to reach the Key Resistance level of 1.181.
During the trading session of the previous week, the Euro successfully retreated to the critical Mean Support level of 1.173 and proceeded to exhibit a continued downward trend, with a subsequent Mean Support level established at 1.166. Current market dynamics suggest a likelihood of sustaining this downward trend. The primary targets identified for this trend include Mean Support levels of 1.160, 1.153, and the Key Support level at 1.140.
Conversely, the current price action suggests a potential upward movement towards the Mean Resistance level of 1.174. There exists a modest possibility of extending this rebound to reach the Key Resistance level of 1.181.
منشورات ذات صلة
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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.