Main trend is up, however the pricing is forming a reversal top with shifting in momentum to the downside. A trade through 1.2178 will resume the uptrend. The main trend will change to down on a move through 1.2059.
1.2119 is the key point for the direction of the price of EUR/USD.
Resistances:
1.2178
1.2408
Supports:
1.2059
1.1989
1.2119 is the key point for the direction of the price of EUR/USD.
Resistances:
1.2178
1.2408
Supports:
1.2059
1.1989
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Related publications
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.