EURUSD is attempting to confirm a short-term reversal after failing to break the support at 1.08534. The price has crossed both the MA8 and MA20, and a golden cross between these moving averages is forming, potentially pushing EURUSD up towards the resistance at 1.09195. It's advisable not to rush into positions today, as the market is likely to move sideways with irregular trends, posing higher risks.
[Position to consider]
Let's wait for clarity on today's trend before entering positions.
R3 1.09886
R2 1.09558
R1 1.09195
PV 1.08747
S1 1.08534
S2 1.07852
S3 1.07617
[Position to consider]
Let's wait for clarity on today's trend before entering positions.
R3 1.09886
R2 1.09558
R1 1.09195
PV 1.08747
S1 1.08534
S2 1.07852
S3 1.07617
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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.
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.