– EURUSD reversed up support level 1.0850
– Likely to rise to resistance level 1.1000
EURUSD currency pair recently reversed up from the support level 1.0850 , which stopped the previous impulse wave (1) earlier this month.
The support level 1.0850 was further strengthened by the 20-day moving average and by the 38.2% Fibonacci correction of the previous upward impulse from May.
Given the strength of the support level 1.0850 and the clear daily uptrend, EURUSD currency pair can be expected to rise further toward the next resistance level 1.1000 (previous monthly high from June).
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
This website uses cookies