Attached Image (click to enlarge)
-
EUR/USD Price Analysis: Bulls need validation from 1.1385
EUR/USD bulls attack crucial resistance around 1.1385, poking the highest level since mid-November, during the early Asian session on Monday. That said, the quote flashes 1.1375 level by the press time. In doing so, the major currency pair battles the 50-DMA and a horizontal area comprising multiple resistances since mid-November. Given the bullish MACD signals and the pair’s successful run-up beyond 21-DMA, EUR/USD buyers are likely to overcome the immediate hurdle. However, a downward sloping trend line from early September, around 1.1440 by the press time, will be critical to watch for the bulls afterward, a ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Edited 7:26pm Jan 2, 2022 7:14pm | Edited 7:26pm
- traderathome
- Joined Mar 2008 | Status: PVSRA with Traderathome | 1618 Comments
- Comment #2
- Quote
- Jan 2, 2022 10:22pm Jan 2, 2022 10:22pm
- JotaP
- | Membership Revoked | Joined Feb 2021 | 276 Comments
Follow your guts, if you want to lose your money...
- Comment #3
- Quote
- Jan 3, 2022 2:49am Jan 3, 2022 2:49am
- Blessed-man
- | Joined Apr 2016 | Status: Member | 444 Comments
- Comment #4
- Quote
- Jan 3, 2022 3:53am Jan 3, 2022 3:53am
- hesron
- Joined Dec 2012 | Status: Member | 1911 Comments
Follow price direction
- Comment #5
- Quote
- Jan 3, 2022 4:10am Jan 3, 2022 4:10am
- hesron
- Joined Dec 2012 | Status: Member | 1911 Comments
Follow price direction
- Comment #6
- Quote
- Jan 3, 2022 4:13am Jan 3, 2022 4:13am
- hesron
- Joined Dec 2012 | Status: Member | 1911 Comments
Follow price direction