traderpulse
Short

EUR/USD Technical analysis

FX:EURUSD   Euro / U.S. Dollar
The pair broke the critical support zone of 1.11800 and then made a huge sell off.
Now it made a pullback to its bearish trendline which also coincides with the broken support.
The confluence of resistances are keeping it capped of any further bullish moves.
Also, the stochastic indicator has turned bearish by moving down from the overbought zone.
Hence, we expect the pair to turn bearish from here and move to the support levels of 1.11200.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out