Looking at EUR/USD Chart, we can see that it has been mainly traded at the close range of 1.1260 to 1.13 in the past weeks. Currently, the pair is traded at around 1.127 after reaching its resistance level at around 1.13. it could further drop towards its support level at around 1.1260 before rebounding back to test again its resistance level at around 1.13. if able to pass that level, then it could climb towards its next resistance level at around 1.1350. if not able to hold above its support level at around 1.1260, then it should further drop towards its next support level at around 1.1230.
(Click on image to enlarge)
Comments
Log in or sign up to join the conversation.