Near-term Trade Setups in EUR/USD and GBP/USD
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Judul : Near-term Trade Setups in EUR/USD and GBP/USD
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This is the moment of truth for the euro as the price returns to the November support line. In my last EUR/USD technical forecast, we noted that the price is approaching the lower bounds of the recently mentioned support range; broader) bullish reversal and area of interest for potential long entries). The price fixed a low at 1.1336 before forming a 4-hour recovery zone. Look for a weekly high in the starting range to round things out. starting at 1.1410 with initial targets, key resistance at 1.1445/57 where 100-day MA and yearly gap overlap
You are now reading the article Near-term Trade Setups in EUR/USD and GBP/USD with link address https://veronikatomczak.blogspot.com/2022/08/near-term-trade-setups-in-eurusd-and.html
Judul : Near-term Trade Setups in EUR/USD and GBP/USD
Near-term Trade Setups in EUR/USD and GBP/USD
This is the moment of truth for the euro as the price returns to the November support line. In my last EUR/USD technical forecast, we noted that the price is approaching the lower bounds of the recently mentioned support range; broader) bullish reversal and area of interest for potential long entries). The price fixed a low at 1.1336 before forming a 4-hour recovery zone. Look for a weekly high in the starting range to round things out. starting at 1.1410 with initial targets, key resistance at 1.1445/57 where 100-day MA and yearly gap overlap
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