EURUSD rebound
Updated
-EURUSD price rebound because of DXY index: DXY index reached the next resistance(96.7) and the price don't break this resistance.
-The USD will going to weakening again and the first target is the previous low value on EURUSD: 1.136.
-If EURUSD break this resistance zone, the price can go higher.
-The price respected 20 day MA 3 days ago.
-RSI is at oversold zone: under 30%
-The USD will going to weakening again and the first target is the previous low value on EURUSD: 1.136.
-If EURUSD break this resistance zone, the price can go higher.
-The price respected 20 day MA 3 days ago.
-RSI is at oversold zone: under 30%
Comment
If the price break the MA and the first target my next target is: 1.14Comment
The price testing the 20MAComment
First target reached, but the MA20 breaking not confirmed.
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.