eur/usd
Pair went below 1.3600 yesterday but bounced back later in night. Today it is moving sideways. I think it will go below 1.3600 again. Technically there is no major support in the way but fundamental factors may impact its movement.
Eur/Usd closed at 1.3634 which is 1 pip above weekly open. I was thinking that it will close near 1.3500 but after falling in start of week it bounced back in last two days. I think next week will have stronger bearish trend. I dont think there will be any significant upward moves because downward pressure is high.
The good or ill of a man lies within his own will. – Epictetus
I thought Eur/Usd would go down but it moved significantly up. By looking at current trend, pair is looking at reversal from bearish trend. But it is not confirmed yet. Pair has not crossed resistance level of 1.3668 yet.
The good or ill of a man lies within his own will. – Epictetus
Currently pair is trading at 1.2858. and looks like it will not go above 1.2868. Bounce back is likely to be seen in next few hours.
Stick to your rules
Eur/Usd is well below 1.2650 and resistance is at 1.2680. I think Eur/Usd will not go above this resistance zone as bearish pressure is very high. Eur/Usd is going to touch 1.2570 today.
Stick to your rules