EUR/USD, pulled back again!

Posted on by Leave a comment

059 eur-usd 07.04.

I am back and EUR/USD is back too. The pair has rejected from the 1.1040/50 resistance for the third time in the last couple of weeks. If the pair manage to get back up again, for the 4-th time, that resistance will probably be broken. There is previous support at 1.0800, H4/MA100 and up trendline as well. Could that level hold again and reverse the pair up one more time!? First resistance on the way up is 1.0900/20. ‘Rounded supports’ are under 1.0800 as well but if the pair fall under this support, lower levels are possible. Let’s see!?

tagged with

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s