Eurusd/gbpusd - page 2148
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Level 1.10 used as support now. Expecting another attempt to break it
EUR/USD formed another spinning top candlestick on the daily time frame above the resistance at 1.1000, it appears that the pair will bounce off that support.
Support at 1.10 holding. Expecting one more attempt to break it (there was no double bottom yet)
Eur/Usd bounced off above 1.1000 level, but upside seems limited by 1.105 zone.
Support is holding and it seems to be followed by the price. For now it looks like we have a new trend
The EUR/USD is trading between the 200SMA and the support line. 1.10 remains a crucial level. Below it we might see an attempt for 1.09, above it we should get a close above the 200SMA for a new trend to begin.
Level 1.10 is not giving up and itr is obvious that it is used by Euro bulls (SNB)
Now we have a double bottom and now we can see where it goes from here
Im holding long view for both.
Im holding long view for both.
You might be right - this seems as a fake break for now (not based on fundamentals). Next week will clear it