- EURUSD reversed from the resistance level 1.1575
- Likely to fall to support level 1.1400
EURUSD currency pair recently reversed down from the resistance level 1.1575, which stopped the previous sharp impulse wave (1) in the middle of April.
The resistance zone near the resistance level 1.1575 was strengthened by the upper daily Bollinger Band.
EURUSD currency pair can be expected to fall to the next support level 1.1400 (which stopped the previous correction ii).
- Likely to fall to support level 1.1400
EURUSD currency pair recently reversed down from the resistance level 1.1575, which stopped the previous sharp impulse wave (1) in the middle of April.
The resistance zone near the resistance level 1.1575 was strengthened by the upper daily Bollinger Band.
EURUSD currency pair can be expected to fall to the next support level 1.1400 (which stopped the previous correction ii).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.