EURUSD Analysis using Pivot Points
Updated
There is a strong support formed at 1.177 area with the Daily and Weekly pivot point S2s overlapping. If the pair bounce back as expected, we could see the pair move to 1.18 daily R1 or further to 1.185 R2. A daily close below this level breaking it will push the pair lower to new daily S1 or S2. The Fibs also verify these levels.
Place your TP at these levels. Comment on your views.
Place your TP at these levels. Comment on your views.
Trade closed: target reached
1st TP reached at 1.1745
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