Technicals

Add as a preferred source on Google

EUR/USD recovers from low of 1.0460, markets eyeing US FOMC meeting

RES 4: 1.0905 RES 3: 1.0810 (Ichimoku cloud top) RES 2: 1.0740 (55 4 Hour EMA) RES 1: 1.0680 (Mar 13th high) PRICE: 1.0630 @ 11:40 GMT SUP 1: 1.0504 (2003 lows) SUP 2: 1.0460 (Mar 13th low) SUP 3: 1.0400 SUP 4: 1.0300 EU…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  •  RES 4: 1.0905

  •  RES 3: 1.0810 (Ichimoku cloud top)
  •   RES 2: 1.0740 (55 4 Hour EMA)

  •   RES 1: 1.0680 (Mar 13th high)

    PRICE: 1.0630 @ 11:40 GMT 

  •  SUP 1: 1.0504 (2003 lows)

  •   SUP 2: 1.0460 (Mar 13th low)

  •   SUP 3: 1.0400

  •   SUP 4: 1.0300

EUR/USD has recovered after making a low of 1.04685 and overall trend is bearish as long as 1.740 holds.

The pair's minor resistance is around 1.0680 and above it can reach 1.0740/1.0810. Short term trend reversal can happen only above 1.1020 level.

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560