empty
 
 
05.07.2019 06:29 PM
EURUSD under pressure challenges major support

EURUSD is trading right above 1.12 and has broken critical trend line and Fibonacci levels. Bulls need to step in now in order to save the bullish scenario. Otherwise the bears regain medium-term trend control.

This image is no longer relevant

Green line - major trend line support

EURUSD has broken the 61.8% Fibonacci retracement. Price has broken also the upward sloping green trend line support connecting the last two important lows. These are bearish signs. Bulls need to recover price soon and bring it back above 1.13 if they want to keep their hopes alive for a move towards 1.14-1.15. Major support ahead at 1.1180. Breaking below it will put 1.11 in danger and will push price towards 1.10. Resistance remains at 1.13-1.1320. Breaking it will bring bulls back in control of the short-term trend.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback