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Farooq

Technical Analysis – EURUSD _ 22-02-2019

HomeTechnical AnalysisTechnical Analysis – EURUSD _ 22-02-2019
22
Feb
Technical Analysis – EURUSD _ 22-02-2019

The pair is trading around the 1.1350 level … It is preferable to remain neutral until the breach above the mentioned level and stability above to confirm the possibility of rising towards resistance 1.1405 as the first target and then 1.1460 as the second target at least.

A decline and a return to trade below 1.1290 could return the downside potential to be the next targets around 1.1220 as the first target, which could push the price directly to support around 1.1105 as the second target.


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