Get started
Euro / U.S. Dollar

EURUSD is testing support

By investsoft
EURUSD is testing support level at 1.17 again. There are two theories about strong of support or resistance. One tells that more tests of level means stronger level, other tells that each next test of level make this level more weak. We don't know what will happen in this case but looking at the lower highs we could expect to break out lower.
EUREURUSDForexlevelsupportSupport and ResistanceTrend AnalysisUSD

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.