EURUSD 4H : We have to wait until break one of them
EURUSD
New forecast
The EUR/USD pair made an attempt to break the 1.0928 level, but was unable to hold below it yet, remaining confined between this support and the 1.0985 resistance. Therefore, we continue our neutrality until the price is able to confirm crossing one of these two levels to determine its next destination more precisely.
We point out that breaking the support and stability below it will put pressure on the price to resume negative trading and head towards 1.0892 initially, reaching 1.0808, while breaking the resistance and stability above it represents the key to resuming the bullish wave in the short term, heading towards testing the 1.1012 and 1.1082 areas initially.
The expect range trading for today it will be between the resistance line 1.0985 and support line 1.0892.
resistance line : 1.0985 , 1.1012
support line : 1.0928, 1.0892
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New forecast
The EUR/USD pair made an attempt to break the 1.0928 level, but was unable to hold below it yet, remaining confined between this support and the 1.0985 resistance. Therefore, we continue our neutrality until the price is able to confirm crossing one of these two levels to determine its next destination more precisely.
We point out that breaking the support and stability below it will put pressure on the price to resume negative trading and head towards 1.0892 initially, reaching 1.0808, while breaking the resistance and stability above it represents the key to resuming the bullish wave in the short term, heading towards testing the 1.1012 and 1.1082 areas initially.
The expect range trading for today it will be between the resistance line 1.0985 and support line 1.0892.
resistance line : 1.0985 , 1.1012
support line : 1.0928, 1.0892
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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