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- The EUR / USD pair rose to a two-week high
The EUR / USD pair rose to a two-week high
Today, the EUR / USD pair continues the growth started from the beginning of the week and reached a two-week high of $1.1900. On the hourly chart, the pair rose above the moving average line MA (200) H1 ($1.1775), but on the four-hour chart it remains slightly below MA (200) H4 ($1.1930). In this situation, it is probably worth starting to stick to the north direction in trading, and maybe you should look for an exit point to buy.
⦁ Resistance levels are: $1.1945, $1.1990, $1.2065
⦁ Support levels are: $1.1865, $1.1775-95, $1.1740
The main scenario for promoting the pair - continuation of the upward movement to $1.1945 (March 22 high)
An alternative scenario - breakout of the session low of $1.1865 and may be a decline to $1.1775-95 (April 6 low, MA (200) H1)
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