The euro broke through 1.1307 resistance and reach the target the range 1.1372 -1.1438. Currently, the pullback occurs in the euro where the euro again tried to approach the area which had previously penetrated. Conditions of technical indicators showing oversold signals at 1-hour chart. Preference for today is bullish if it turns 1.1307 support to survive and it can open up the possibility of the euro strengthened heading to the range 1.1372 - 1.1438.
But be careful - careful, if the support 1.1307 successfully penetrated by the euro, because it can open up the possibility of the euro weakened support area targeting the range 1.1226 - 1.1096.
Preferences: Bullish, Notice 1.1307 support
Support: 1.1307, 1.1226, 1.1096
Resistance: 1.1438, 1.1519, 1.1649
But be careful - careful, if the support 1.1307 successfully penetrated by the euro, because it can open up the possibility of the euro weakened support area targeting the range 1.1226 - 1.1096.
Preferences: Bullish, Notice 1.1307 support
Support: 1.1307, 1.1226, 1.1096
Resistance: 1.1438, 1.1519, 1.1649
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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.