EURUSD 4H : above 1.0625 it will be uptrend
EURUSD
New forecast
The EUR/USD pair begins today's trading with additional positivity, breaching the 1.0625 resistance and trying to hold above it, providing signs of the start of an upward correction for the entire decline that was measured from 1.1275 to 1.0448, paving the way for achieving positive goals that begin with crossing 1.0655 to rush towards 1.0690 as the next main station.
Therefore, an upward bias will be expected for today, keeping in mind that breaking the levels of 1.0612 and then 1.0588 will stop the proposed rise and put pressure on the price to return to the main bearish path again , so the main condition for continue at the bullish trend is stability above 1.0625 and other wise under 1.0612 it will be cancel .
The expect range trading for today it will be between the resistance line 1.0625 and support line 1.0550.
Additionally ,Today News will affect the market .
support line : 1.0612 , 1.0588
resistance line : 1.0625 , 1.0655
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The EUR/USD pair begins today's trading with additional positivity, breaching the 1.0625 resistance and trying to hold above it, providing signs of the start of an upward correction for the entire decline that was measured from 1.1275 to 1.0448, paving the way for achieving positive goals that begin with crossing 1.0655 to rush towards 1.0690 as the next main station.
Therefore, an upward bias will be expected for today, keeping in mind that breaking the levels of 1.0612 and then 1.0588 will stop the proposed rise and put pressure on the price to return to the main bearish path again , so the main condition for continue at the bullish trend is stability above 1.0625 and other wise under 1.0612 it will be cancel .
The expect range trading for today it will be between the resistance line 1.0625 and support line 1.0550.
Additionally ,Today News will affect the market .
support line : 1.0612 , 1.0588
resistance line : 1.0625 , 1.0655
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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