Sun 13.Jan.2019
Ticker: EURUSD
LAST= 1.14 68
EURUSD movement during the last few days showed a Bullish move, with a recent high price seen on Thu 10.Jan.2019 at 1.1572.
During the next few days the price is expected to retest 1.1500 level.
The view is expected to continue to be in Consolidation between 1.1490 - 1.1410. But as of now, as long as the price is trading above 1.1445, its recommended to ' BE LONG ' for a targeted price of around 1.1570 Taking in consideration the need to break of the upper band of the consolidation and the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1.13 85
Res_2 = 1.15 50
Res_1 = 1.15 00
Sup_1 = 1.14 60
Sup_2 = 1.14 10
Ticker: EURUSD
LAST= 1.14 68
EURUSD movement during the last few days showed a Bullish move, with a recent high price seen on Thu 10.Jan.2019 at 1.1572.
During the next few days the price is expected to retest 1.1500 level.
The view is expected to continue to be in Consolidation between 1.1490 - 1.1410. But as of now, as long as the price is trading above 1.1445, its recommended to ' BE LONG ' for a targeted price of around 1.1570 Taking in consideration the need to break of the upper band of the consolidation and the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1.13 85
Res_2 = 1.15 50
Res_1 = 1.15 00
Sup_1 = 1.14 60
Sup_2 = 1.14 10
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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.