EURUSD 4H : Above 1.0913 will help the price to rise up
Updated
EURUSD
New forecast
The euro/dollar pair fell in yesterday's trading to approach the level of 1.0877, and we notice that the price begins to recover with the opening of the day, which supports the chances of returning to resume the upward trend, whose targets begin by testing 1.0956, noting that breaching this level will push the price to 1.1012 and 1.1043. In the near term.
Therefore the upward scenario more are likely for coming period , and the price needs to cross the 1.0913 level to facilitate the rise, keeping in mind that breaking 1.0877 will stop the upward trend and put pressure on the price to incur new losses especially the moving average 50 began to supported to decline so be care full , and our targets will be active when price can stabilized above 1.0913 level will help the price to rise up and reach to our targets .
The expect range trading for today it will be between the resistance line 1.0956 and support line 1.0877.
Additionally ,Today News will affect on the market .
resistance line : 1.0913 , 1.0956
support line : 1.0877, 1.0836
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 euro/dollar pair fell in yesterday's trading to approach the level of 1.0877, and we notice that the price begins to recover with the opening of the day, which supports the chances of returning to resume the upward trend, whose targets begin by testing 1.0956, noting that breaching this level will push the price to 1.1012 and 1.1043. In the near term.
Therefore the upward scenario more are likely for coming period , and the price needs to cross the 1.0913 level to facilitate the rise, keeping in mind that breaking 1.0877 will stop the upward trend and put pressure on the price to incur new losses especially the moving average 50 began to supported to decline so be care full , and our targets will be active when price can stabilized above 1.0913 level will help the price to rise up and reach to our targets .
The expect range trading for today it will be between the resistance line 1.0956 and support line 1.0877.
Additionally ,Today News will affect on the market .
resistance line : 1.0913 , 1.0956
support line : 1.0877, 1.0836
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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