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On the last Friday’s session, the EURUSD dived with a wide range but found enough buying pressure to trim some of its losses and closed in the middle of the daily range, although managed to close below Thursday’s range, which suggests a bearish momentum.
The currency pair trading below the 10 and the 50-day moving averages that should provide dynamic resistance however, it is trading above the 200-day moving average that should provide dynamic support.
The key levels to watch: daily resistance at 1.2432, a key level at 1.2367 (resistance), the 10-day moving average at 1.2326 (resistance), the 50-day moving average at 1.2320 (resistance), a daily resistance at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below Friday’s low, which suggests a strong bearish momentum.
The currency pair trading below the 10 and the 50-day moving averages that should provide dynamic resistance however, it is trading above the 200-day moving average that should provide dynamic support.
The key levels to watch: daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2318 (resistance), the 10-day moving average at 1.2311 (resistance), a daily resistance at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
On yesterday session, the EURUSD initially fell but found enough buying pressure near 1.200 handle to trim all of its losses and closed near the high of the day, although closed within Mondays’ range, which suggests being slightly on the bullish side of neutral.
The currency pair trading below the 10 and the 50-day moving averages that should provide dynamic resistance however, it is trading above the 200-day moving average that should provide dynamic support.
The key levels to watch: daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2317 (resistance), the 10-day moving average at 1.2302 (resistance), a daily resistance at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, in addition managed to close below Tuesdays’ low, which suggests a strong bearish momentum.
The currency pair trading below the 10 and the 50-day moving averages that should provide dynamic resistance however, it is trading above the 200-day moving average that should provide dynamic support.
The key levels to watch: daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2315 (resistance), the 10-day moving average at 1.2283 (resistance), a daily resistance at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
Key levels to watch for:
Support: 1.2161; 1.2130;
Resistance: 1.2384; 1.2414;
On yesterday session, the EURUSD initially tried to rise but found enough selling pressure near 1.2210 to erase all of its gains and managed to close near the low of the day, in addition closed below Wednesday’s range, which suggests a strong bearish momentum.
The currency pair trading below the 10 and the 50-day moving averages that should provide dynamic resistance however, it is trading above the 200-day moving average that should provide dynamic support.
The key levels to watch: daily resistance at 1.2432, a key level at 1.2367 (resistance), the 50-day moving average at 1.2311 (resistance), the 10-day moving average at 1.2246 (resistance), a daily resistance at 1.2287, a swing low at 1.2200 (support), and a key level at 1.2165 (support).
On the last Friday’s session, the EURUSD initially dived with a wide range but found enough buying pressure near the 200-day moving average to erase all of its losses and managed to close near the high of the day, although closed within Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair trading below the 10 and the 50-day moving averages that should provide dynamic resistance however, it is trading above the 200-day moving average that should provide dynamic support.
The key levels to watch: a daily resistance at 1.2287, a swing low at 1.2200 (resistance), the 10-day moving average at 1.2198 (resistance), a key level at 1.2165 (resistance), the 200-day moving average at 1.2051 (support), a daily support at 1.2041 and 2018 low at 1.1915 (support).