New York ,
Sydney ,
Tokyo ,
London ,

EURUSD, Rebound ?

Image

Euro versus the US dollar fell to the lowest price of 1.1509 since June 2017 with the pressure on Italian bond yields, where prices recorded a third losing daily session in a row

Technical Comment: The Euro is trading above the support area of 1.1515-1.1470, may push prices to form a bullish rebound towards 1.1645 - 1.1720.

Comment on the Previous Analysis: Broke below 1.1670-1.1630

Expected Daily Trend: Bullish 1.1515-1.1470

 

Important Levels:

Support: 1.1515 - 1.1470 - 1.1405

Resistance: 1.1645 - 1.1720 - 1.1765

Risk Warning: Forex and CFDs are leveraged products which carry a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risk involved. You should ensure you understand all of the risks and seek independent advice if necessary.
COPYRIGHT© 2017 - True Forex Limited. ALL RIGHTS

Search