EURUSD recently reversed down from the resistance area lying between the resistance level 1.1420 (top of the previous wave 2), upper daily Bollinger Band and the resistance trendline from September.
The downward reversal from this resistance area started the active impulse wave (3).
EURUSD is expected to fall further and re-test the next support level 1.1200 (low of the previous impulse wave 5 from the start of March).
- S&P 500 reversed from support level 5000.00 - Likely to rise to resistance level…
- USDCHF reversed from support zone - Likely to rise to resistance level 0.9200 USDCHF…
The single currency is trading near $1.076, waiting for further cues and facing serious resistance…
Market picture The crypto market capitalisation fell by 1.7% in 24 hours to $2.29 trillion,…
- USDJPY reversed from support zone - Likely to rise to resistance level 155.65 USDJPY…
- Gold reversed from support zone - Likely to rise to resistance level 2400.00 Gold…
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