EUR/USD,D1
Pivot: 1.1743
Analysis:
While the price is below 1.1870, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.1743
- Take Profit 1: 1.1580
- Take Profit 2: 1.1500
Alternative scenario:
If the level 1.1870 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.1870
- Take Profit 1: 1.1980
- Take Profit 2: 1.2100
Comment:
RSI shows the development of a downtrend in the medium term.
Key levels:
Resistance --- Support
1.2100 --------- 1.1580
1.1980 --------- 1.1500
1.1900 --------- 1.1425
NZD/USD Forecast Fundamental Analysis | New Zealand Dollar / US Dollar
Prev article
EUR/JPY | Euro to Japanese Yen Trading Analysis
Next article
Recent articles
EUR/JPY | Euro to Japanese Yen Trading Analysis
ECB head Lagarde: so far we see no signs that inflationary pressures are becoming widespread.
GBP/JPY | British Pound to Japanese Yen Trading Analysis
GBP/JPY is declining from 2-week highs, approaching 151.50.