victoriajensen: If EUR/USD breaks below 1.1270 it will likely retrace back to 1.1200 next week, but after that there will probably be a new move the to the upside.
It will probably retrace there anyway next week. Market is on overraection mode
The EURUSD may form a double top pattern around the 1.1336 level. Therefore, the pair may retrace to the downside. Possible support at the 1.1100 level.
EUR/USD is still testing the support at 1.1230 and so far there's no indication it will break below that level. The pair will likely bounce off of it soon.
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If EUR/USD breaks below 1.1270 it will likely retrace back to 1.1200 next week, but after that there will probably be a new move the to the upside.
It will probably retrace there anyway next week. Market is on overraection mode
It will probably retrace there anyway next week. Market is on overraection mode
Correction is to be expected, but there is still no clear trend
Correction is to be expected, but there is still no clear trend
I am expecting more confusion before some other even will be used for more change up
Prices are well above 100 and 200 moving averages, next immediate resistance can be found at 1.1340/45 zone.
The EURUSD may form a double top pattern around the 1.1336 level. Therefore, the pair may retrace to the downside. Possible support at the 1.1100 level.
I am expecting more confusion before some other even will be used for more change up
Confusion is the name of the game these days. It is likely to continue the same way
EUR/USD is still testing the support at 1.1230 and so far there's no indication it will break below that level. The pair will likely bounce off of it soon.
Still at that support. No change and the market is already dead
The pair seems neutral, but downside is favoured for now, 1.1200 act as important support level.
EUR/USD broke below 1.1230 today. A breakout below 1.1200 could lead to a further drop to at least 1.1140.