EUR/USD Intraday Bearish
Pivot point: 1.1811
Resistance level 1: 1.1868 Resistance level 2: 1.1939 Resistance level 3: 1.1997
Support level 1: 1.1739 Support level 2: 1.1683 Support level 3: 1.1611
The Euro fell through and closed below the first support level of 1.1818 exhibiting a bearish trend. For future trading references, if the trend turns bullish then the resistance of 1.1868 could be broken and push the price up to 1.1939. However, if a downward trend returns then the support of 1.1739 may falter, which could pull the price lower to 1.1683.
Pivot point: 1.1811
Resistance level 1: 1.1868 Resistance level 2: 1.1939 Resistance level 3: 1.1997
Support level 1: 1.1739 Support level 2: 1.1683 Support level 3: 1.1611
The Euro fell through and closed below the first support level of 1.1818 exhibiting a bearish trend. For future trading references, if the trend turns bullish then the resistance of 1.1868 could be broken and push the price up to 1.1939. However, if a downward trend returns then the support of 1.1739 may falter, which could pull the price lower to 1.1683.
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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.