55-DMA fails to contain selling pressure; the pair remains within a bullish trend since November, with support ~1.1320; Bloomberg Trender Indicator will revert to bearish on close below 1.1343
• 3rd resistance: 1.1490, Jan. 15 high
• 2nd resistance: 1.1425, 21- DMA
• 1st resistance: 1.1383, 55-DMA
• Spot: 1.1377
• 1st support: 1.1353, Jan. 18 low
• 2nd support: 1.1309, Jan. 3 low
• 3rd support: 1.1270, Dec. 14 low
• 3rd resistance: 1.1490, Jan. 15 high
• 2nd resistance: 1.1425, 21- DMA
• 1st resistance: 1.1383, 55-DMA
• Spot: 1.1377
• 1st support: 1.1353, Jan. 18 low
• 2nd support: 1.1309, Jan. 3 low
• 3rd support: 1.1270, Dec. 14 low
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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.