21
Mar
Technical Analysis – EURUSD _ 21-03-2019
-
Authoradmin
-
Comments0 Comments
-
Category
The pair rallied strongly to reach its first target at 1.1400 yesterday, ending the bearish trend line shown on the 4 hour chart, which may push it towards further upside towards the second target around 1.1500 resistance … The bullish momentum is sufficient due to the overbought condition appearing on the Stochastic and RSI indicators.
Going back below 1.1300 might be enough to end the upside scenario and the downside could then continue to test support at least 1.1180.
Tags:
Related Posts
Recent Comments
- Starlight Herot on Euro Higher on German Data, Sterling Edges Lower
- Frost Dragont on Euro Higher on German Data, Sterling Edges Lower
- Gwinnettt on Euro Higher on German Data, Sterling Edges Lower
- Vanessat on Euro Higher on German Data, Sterling Edges Lower
- Christinet on Euro Higher on German Data, Sterling Edges Lower
Archives
- October 2024
- February 2024
- July 2023
- July 2021
- May 2021
- March 2021
- February 2021
- September 2020
- May 2020
- February 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017