The euro continues to weaken and managed to reach the target the range of 1.1235 - 1.1186. Currently, the euro still in the 1.1096 support area. For today's trading strategy is still looking for a SELL signal. Potentially bearish pressure continues towards the range 1.0965 - 1.0884 if the euro broke through support at 1.1096.
Be - careful with the condition of technical indicators which demonstrate the potential bullish divergence which can trigger the strengthening of the euro to be corrected. If the euro continues stuck above support at 1.1096, then it can open up the possibility of targeting the euro strengthened the resistance at 1.1226 - 1.1372.
Preferences: Bearish, Notice 1.1096 support
Support: 1.1096, 1.0965, 1.0884
Resistance: 1.1226, 1.1372, 1.1649
Be - careful with the condition of technical indicators which demonstrate the potential bullish divergence which can trigger the strengthening of the euro to be corrected. If the euro continues stuck above support at 1.1096, then it can open up the possibility of targeting the euro strengthened the resistance at 1.1226 - 1.1372.
Preferences: Bearish, Notice 1.1096 support
Support: 1.1096, 1.0965, 1.0884
Resistance: 1.1226, 1.1372, 1.1649
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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.