EURUSD : Euro/dollar trading above key support zone
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EURUSD – Euro/dollar trading above key support zone
The EURUSD rotated lower late last week following a push higher in the first half of the week. Price bounced off of 1.2160 – 1.2200 key support zone the week before last as this market is oscillating in a large range between 1.2160 – 1.2200 support and resistance up near 1.2540. EURUSD Traders can continue to look EURUSD to buy weakness near the aforementioned support zone on a 4 hour or daily chart buy signal, targeting resistance levels overhead.
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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.