Euro / U.S. DollarShort
EURUSD Forecast – $0.96716 First Obstacle for Sellers
Previous EURUSD forecast mentioned the price could reach $0.99134 and the price succeeded in the first two days.
With closing below support level and on Thursday testing $0,99134 as a resistance level it was a confirmation the price will move down.
The price is falling down and the next support is at $0.96716 where we have a demand zone where the sellers will get out.
The bounce from $0.96716 is likely to reach $0.97000 and then $0.98000 which are smaller resistance levels.
With closing below support level and on Thursday testing $0,99134 as a resistance level it was a confirmation the price will move down.
The price is falling down and the next support is at $0.96716 where we have a demand zone where the sellers will get out.
The bounce from $0.96716 is likely to reach $0.97000 and then $0.98000 which are smaller resistance levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.