EURUSD: Expected To Not Rise Above The Level Of 0.9750

Looking at EURUSD’s chart, we can see that is it in a downward trend and after yesterday’s victory of Meloni in Italy, the FX pair opened sharply lower hitting a new all-time low. Currently, it is traded at around 0.9638, up from its lowest level of around 0.9550 but today we could not expect it to rise above the level of 0.9750.

(Click on image to enlarge)

EURUSD


More By This Author:

Darden Restaurants: Might Rise Towards Its Resistance Level At Approximately $127
EURUSD: Can Be Seen Attempting To Pass The Resistance Level Again
GBPUSD: An Expected Upward Reaction Towards Its Resistance Level At Around 1.1340

Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.