Online source for the latest forex and trading news. Stay informed with up-to-date market trends, expert analysis, and insightful articles to help you make smart trading decisions

Sunday, January 7, 2024

EUR/USD Day | FRising toward resistance

The premium article will be available in00:00:00

The EUR/USD chart is currently showing the potential for a bullish continuation towards the 1st resistance level. Support Levels:The 1st support level at 1.08830 is identified as "An Overlap support" and is further reinforced by the presence of the 61.80% Fibonacci Retracement. This level signifies a significant area where buying interest may emerge, potentially providing strong support for the currency pair. Additionally, the 2nd support level at 1.07490 is characterized as "An Overlap support," indicating its role in supporting price movements. Resistance

Fresh articles are available only to premium users

Read analytics in early access, getting information first

Get
Pentru mai multe detalii, va invitam sa vizitati stirea originala.

No comments: