empty
 
 
12.03.2019 11:26 AM
Technical analysis for EUR/USD for March 12, 2019

EUR/USD continues to move higher towards our bounce target area of 1.1280-1.13. Price continues to make higher highs and higher lows but as long as we trade below 1.14 our medium-term view remains bearish.

This image is no longer relevant

Red line - major trend line resistance

Green line - major trend line support

Blue area - bounce target area and resistance

EUR/USD has reached our downside target of 1.12 and has bounced as expected. Price is now challenging the resistance area of 1.1280-1.13. Short-term trend is bullish as long as price is above 1.1250. A four hour close below 1.1250 will open the way for a move towards 1.12-1.1180. Failing to hold 1.12 would be a medium-term bearish sign strengthening the bearish scenario for a move towards 1.11-1.10. We continue to consider every bounce as a selling opportunity. We are bearish as long as price is below the red trend line resistance.

Ringkasan
Segera
Analitic
Alexandros Yfantis
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $6000 lebih lagi!
    Dalam Diseember kami membuat cabutan bertuah $6000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget