Swing Trading ideas - page 37

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EURUSD is facing 1.1301 support once again. A breakdown below this level could trigger further downside movement towards 1.1000. Near term resistance is at 1.1500, a break of this level could bring the price back towards 1.1600.
 
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EURUSD is facing 1.1302 support, a breakdown below this level could trigger further downside movement towards 1.1200. Resistance is at 1.1400, only a breakout of this level could bring the price back towards 1.1550.
 
UK PM May Spokesman: There Has Been Good Progress In Negotiations But There Are Still Sub-stantial Issues To Overcome Over The N.Ireland Backstop
 
EURUSD broke below 1.1302 support and extended its downside movement from 1.1499 to as low as 1.1215. Further decline is still possible in a couple of days and next target would be at 1.1100 area. Resistance is at 1.1280, only a breakout of this level could bring the price back to 1.1330 area.
 
EURUSD broke above 1.1280 resistance, suggesting that the downside movement from 1.1499 had completed at 1.1215 already. Further rally is still possible and next target would be at 1.1350, followed by 1.1420. Near term support is at 1.1250, a breakdown below this level could trigger another downside movement towards 1.1100.
 
EURUSD extended its upside movement from 1.1215 to as high as 1.1362. Further rise is still possible and next target would be at 1.1400 area. Near term support is at 1.1250, only a breakdown below this level could trigger another downside movement towards 1.1100.
 
EURUSD broke below 1.1301 support and extended its downside movement from 1.1815 to as low as 1.1215. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and next target would be at 1.1100 area. Key resistance is at 1.1500, only a breakout of this level could indicate that the downside movement had completed at 1.1215 already, then the following upside movement could take the price to 1.1700 area.
 
EURUSD continued its upside movement from 1.1215 and the rise extended to as high as 1.1421. Further rise is still possible and next target would be at 1.1500 area. Near term support is at the rising trend line on the 4-hour chart, only a clear break below the trend line support could trigger another fall towards 1.1200.
 
EURUSD’s upside movement from 1.1215 extended to as high as 1.1464. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.1500 area. Only a breakdown below the trend line support could signal completion of the uptrend.
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