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RoyalFinancialTrading

EUR/USD

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
RoyalFinancialTrading  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis EURUSD Bullish Patterns
3
0
trendanalysis eurusd bullish
Hits highest since October as it moves above the cloud and affirms bullish bias; 61.8% Fibonacci retracement of losses since September now into focus; 200-DMA at 1.1629
• 3rd resistance: 1.1621, Oct. 16 high
• 2nd resistance: 1.1586, 61.8% Fibonacci retracement of decline since Sept. 24
• 1st resistance: 1.1570, session high
• Spot: 1.1551
• 1st support: 1.1497, Jan. 2 high
• 2nd support: 1.1413, 21-DMA
• 3rd support: 1.1380, 55- DMA
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