EUR/USD,D1
Pivot: 1.1692
Analysis:
While the price is below 1.1910, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.1692
- Take Profit 1: 1.1660
- Take Profit 2: 1.1580
Alternative scenario:
If the level 1.1910 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.1910
- Take Profit 1: 1.1980
- Take Profit 2: 1.2060
Comment:
RSI shows the development of a downtrend in the medium term.
Key levels:
Resistance ----- Support
1.2060 ----------- 1.1660
1.1980 ----------- 1.1580
1.1910 ----------- 1.1500
AUD/USD Forecast Fundamental Analysis | Australian Dollar / US Dollar
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