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EUR/USD: Breakout or Reversal at 1.11655 Resistance?

업데이트됨

13시간 전

어제

EUR/USD is "hovering" around 1.11045, with two "fortresses" of support at 1.10703 and 1.10061, reinforced by the EMA 34 and EMA 89.

The strong resistance at 1.11655 is the biggest "obstacle" – if it fails to break through, the price may "reverse" down to the support at 1.10703, and if it doesn’t hold, it could dip further towards 1.10061.

Traders, be cautious, as the "winds" from upcoming inflation data and PMI releases from Europe and the U.S. will shape the next move.

13시간 전

액티브 트레이드

good

Vetaa

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