الخميس , 19 يوليو 2018
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الرئيسية / سياسة / [:en]EUR/USD: Risk Remains Lower On Bear Pressure[:]
[:en]EUR/USD: Risk Remains Lower On Bear Pressure[:]

[:en]EUR/USD: Risk Remains Lower On Bear Pressure[:]

377 عدد الزيارات
[:en]

EUR/USD: With the pair still retaining its downside pressure, more weakness is likely. Resistance comes in at 1.0950 level with a cut through here opening the door for more upside towards the 1.0000 level. Further up, resistance lies at the 1.1050 level where a break will expose the 1.1100 level. Its weekly RSI is bullish and pointing higher suggesting further strength. Conversely, support lies at the 1.0850 level where a violation will aim at the 1.0800 level. A break of here will aim at the 1.0750 level. All in all, EUR/USD faces further bear threats but with caution.

EUR/USD Weekly Chart

EUR/USD Weekly Chart
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