empty
 
 
24.11.2020 08:11 AM
The Central European Bank kept EURUSD from rising again

The Bank's 1.1833 level remains the defining resistance. Until tomorrow, this mark will remain a significant barrier to the pair's growth. It is important to note that there is still no violation of the upward momentum, so conditions may be created for the EURUSD to continue growing in the near future.

This image is no longer relevant

The medium-term accumulation zone makes it possible to look for sales from the Bank level and purchases from the lower zone of the Central Bank at 1.1769. Working in the range implies short profit fixing at the borders.

To continue growth before the start of new operations on the open market, it will be necessary to close today's trading above the level of 1.1883. This will lead to the formation of a bullish model for the current week.

This image is no longer relevant

Samanta Kruder,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • 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 $1000 more!
    In April we raffle $1000 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

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback