empty
 
 
15.02.2022 03:13 PM
EUR/USD analysis for February 15, 2022 - Rejection of key resistance trendline

Technical analysis:

This image is no longer relevant

EUR/USD has been upside this morning but I see potential for the downside continuation due to rejection of the key trend line at 1,1355.

Trading recommendation:

Due to downside rejection of the key resistance trend line at 1,1355 and upside exhaustion this morning, I see potential for the downside movement.

Watch for selling opportunities with the downside objective at 1,1285

Short-term trend is downside, which is another confirmation for further downside continuation.

Summary
Urgency
Analytic
Petar Jacimovic
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • 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 $6000 more!
    In December we raffle $6000 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
  • 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