EUR/USD - Short-Term Technical
EUR/USD
* European Central Bank left its rates unchanged 0.00%
* ECB maintained the emergency bond-buying program at €1,850
Technical Outlook
EUR/USD is above the 38.2% retracement, the price is Re-testing the point 1.1815 after a successful touch at 38.2% Fibonacci retracement, however currently the price is below 23.60 Fibonacci retracement.
We can expect it to bull up if the price gets above 1.1850, On the upside could we expect the price to touch the level 1.1757 if the price heads up at 1.1786 ,38.2%-Fibonacci/R .
Support levels: 1.1786 , 1.1757
Resistance levels: 1.1850 , 1.1908
* European Central Bank left its rates unchanged 0.00%
* ECB maintained the emergency bond-buying program at €1,850
Technical Outlook
EUR/USD is above the 38.2% retracement, the price is Re-testing the point 1.1815 after a successful touch at 38.2% Fibonacci retracement, however currently the price is below 23.60 Fibonacci retracement.
We can expect it to bull up if the price gets above 1.1850, On the upside could we expect the price to touch the level 1.1757 if the price heads up at 1.1786 ,38.2%-Fibonacci/R .
Support levels: 1.1786 , 1.1757
Resistance levels: 1.1850 , 1.1908
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