EUR/USD$EUR
Daily trading: watch 1.1641
For us, the pivot point is at 1.1586.
Preferred scenario: upside is likely as long as 1.1586 is support, with 1.1641 and 1.1655 as targets.
Alternative scenario: below 1.1586, expect 1.1563 and 1.1550.
Comment: RSI (momentum indicator) is above 50. Moreover, the price is above the 20-period moving average (1.1621) but below the 50-period moving average (1.1625).
Support and resistance levels:
1.1682 **
1.1668 *
1.1655 **
1.1641
1.1622 last
1.1595
1.1586 **
1.1563 *
1.1550 **
#EURUSD #bitcoin #BinanceSquareFamily
Daily trading: watch 1.1641
For us, the pivot point is at 1.1586.
Preferred scenario: upside is likely as long as 1.1586 is support, with 1.1641 and 1.1655 as targets.
Alternative scenario: below 1.1586, expect 1.1563 and 1.1550.
Comment: RSI (momentum indicator) is above 50. Moreover, the price is above the 20-period moving average (1.1621) but below the 50-period moving average (1.1625).
Support and resistance levels:
1.1682 **
1.1668 *
1.1655 **
1.1641
1.1622 last
1.1595
1.1586 **
1.1563 *
1.1550 **
#EURUSD #bitcoin #BinanceSquareFamily
