There are few factors that influence the eurusd market like economical policies, geopolitical events and inflation rates. Apart from these factors i am going to focus on its technical aspects.
Right now eurusd is trading around the 1.1370 and a slight increase has been witnessed today.
currently the pair is expected to fluctuate between 1.1200 to 1.14500 the key resistance areas are 1.14000 and the support levels are at 1.1157 and 1.0950 and 1.0236.
A Long Term Downtrend is expected if the market breaks the key supporting levels like 1.0950 and 1.0236
Right now i am setting the targets 1.1200 and 1.0950. and by every passing day i will keep updating this analysis.
Right now eurusd is trading around the 1.1370 and a slight increase has been witnessed today.
currently the pair is expected to fluctuate between 1.1200 to 1.14500 the key resistance areas are 1.14000 and the support levels are at 1.1157 and 1.0950 and 1.0236.
A Long Term Downtrend is expected if the market breaks the key supporting levels like 1.0950 and 1.0236
Right now i am setting the targets 1.1200 and 1.0950. and by every passing day i will keep updating this analysis.
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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.
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.