The potential path for EURSUD in near-term remains sideways. The daily volatility tends to increase evidently, and the daily indicators are bullish, this factor underlines further upside potential. The price action sounds finally ready to re-test the resistance 1.1850 in the coming days.
The supports are at 1.1600 and 1.1500 with resistance seems to be at 1.1700 and 1.1750. A well above 1.1700 could rally further to 1.1750 and 1.1800.
The supports are at 1.1600 and 1.1500 with resistance seems to be at 1.1700 and 1.1750. A well above 1.1700 could rally further to 1.1750 and 1.1800.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.