Eurusd Sees Price Hesitation With Bearish Bias

Discussion in 'Forex - Currencies Forums' started by FXTechstrategy, Sep 24, 2017.

  1. FXTechstrategy

    FXTechstrategy Senior Investor

    Joined:
    Sep 2017
    Posts:
    123
    Likes Received:
    0
    EURUSD: With the pair still facing price correction despite its past week price hesitation, more correction is envisaged. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1.2100 level where a break will expose the 1.2150 level. Conversely, support lies at the 1.1900 level where a violation will aim at the 1.1850 level. A break of here will aim at the 1.1800 level. Below here will open the door for more weakness towards the 1.1750. All in all, EURUSD faces corrective pullback despite price hesitation.

    [​IMG]
     
  2. Shibu Lavin

    Shibu Lavin Senior Investor

    Joined:
    Feb 2022
    Posts:
    516
    Likes Received:
    0
    Every trader wants a secure trading broker for the safety of their capital. But finding a secure broker is like finding a golden deer. I know Eurotrader as a secure trading broker which never delays in sending withdrawals and makes sure instant support in case any issue arises.
     

Share This Page