– EURUSD reversed from support level 1.1030
– Likely to rise to resistance level 1.1200
EURUSD recently reversed up from the support level 1.1030 (former resistance from August, acting as the support after it was broken by the previous impulse wave iii).
The upward reversal from the support level 1.1030 created the daily Japanese candlesticks reversal pattern Bullish Engulfing – which started the active impulse wave 5.
Given the bearish US dollar sentiment, EURUSD can be expected to rise further to the next resistance level 1.12000 (which stopped the previous impulse wave 3).
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…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
This website uses cookies