EUR/USD, D1
Pivot: 1.2197
Analysis:
While the price is above 1.1980, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.2197
- Take Profit 1: 1.2350
- Take Profit 2: 1.2450
Alternative scenario:
If the level 1.1980 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.1980
- Take Profit 1: 1.1880
- Take Profit 2: 1.1775
Comment:
RSI shows the development of an uptrend in a medium term.
Key levels:
Resistance -- Support
1.2555 -------- 1.1980
1.2450 -------- 1.1880
1.2350 -------- 1.1775
EUR/CAD Forecast Fundamental Analysis | Euro / Canadian Dollar
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