Today we have a look at EURUSD - a pair that seems to be at a very interesting technical level as we speak.
The narrow 1.1204-1.1214 area functioned very well in the past as resistance, then support. Now price has come to retest it as a resistance.
Possible scenarios here:
Wherever we are headed at this point, it looks like the pair has an interesting, exciting trading session ahead.
Where do you stand on the EURUSD? Which scenario do you favor?
© 2000-2021. All rights reserved.
This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at email@example.com.