EUR/USD | Euro to US Dollar Trading Analysis

EUR/USD,D1


EUR/USD,D1


Pivot: 1.1868


Analysis:

While the price is above 1.1735, follow the recommendations below:

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 1.1868
  • Take Profit 1: 1.1980
  • Take Profit 2: 1.2060


Alternative scenario:

If the level 1.1735 is broken-down, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 1.1735
  • Take Profit 1: 1.1660
  • Take Profit 2: 1.1580


Comment:

RSI shows the development of an uptrend in the medium term.


Key levels:

Resistance ---- Support

1.2140 --------- 1.1735

1.2060 --------- 1.1660

1.1980 --------- 1.1580

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