HTF Chart of EURUSD:
Support: 0.92, 0.97
Resistance: 1.01, 1.046 and 1.08
Below bounce box, we are going to see 2000's lows, around 0.80. As long as the box holds, we are fine. On the way up, 1.046 looks like biggest resistance.
For now, targets are: 0.92 and 0.94. Watch the RSI breakout for any confirmation of upside.
Will update when we reach them.
Support: 0.92, 0.97
Resistance: 1.01, 1.046 and 1.08
Below bounce box, we are going to see 2000's lows, around 0.80. As long as the box holds, we are fine. On the way up, 1.046 looks like biggest resistance.
For now, targets are: 0.92 and 0.94. Watch the RSI breakout for any confirmation of upside.
Will update when we reach them.
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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.