• EURUSD reversed from support zone
• Likely to rise to resistance level 1.1470
EURUSD currency pair recently reversed up sharply from the support zone lying between the major support level 1.12 (which has been reversing the pair from the middle of 2020) and the lower weekly Bollinger Band.
This support zone was further strengthened by the nearby 61.8% Fibonacci correction of the previous weekly upward impulse from the start of last year.
Given the prevailing euro optimism – EURUSD currency pair can be expected to rise further toward the next resistance level 1.1470 (top of wave 4 from January).
AUDJPY: ⬆️ Buy - AUDJPY broke long-term resistance level 102.30 - Likely to rise to…
Aptos: ⬇️ Sell - Aptos testing major support at 1.688 - Likely to fall to…
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
This website uses cookies