the eur / usd pair back to its lowest recorded on the car.
in fact, the rebound of the dollar has pushed the eur / usd to new lower marginal’s back, so that many economists are we to say that the growth of 0.5% n we are not sustainable and should be adjusted downwards in the next publication of the report of the event.
eur / usd has rebounded and is now above the 1.1720. it helps some of the immediate pressure until the end of the week.
however, the downward bias in the short term, while eur / usd moves near to the lower part of the event, with a scheduled event.
the reduction of a fracture, in the area of 1.1680 and could lead to a downward acceleration in the direction of the 1.1620 / 1.1580, but we also need to remain alert to the threshold of 1.1660 / 50.
the increase we have immediate resistance to 1.173è with the average area of 100 hours, before 1.1750 / 60 which is the upper limit of 200 hours, the moving average.
then we find the 1.1775, which slowed the previous rebound. a break above would put an end to the current event in the sequence from the fracture pressure 1.1825 and could increase in the direction of the line.
above, a more sustained bullish reversal could then we operate.
the range of 1.1680 / 1.1825 remains firmly in place and a split is necessary to find a steady trend.
the eur / usd pair 1.1728 is currently on the forex.
the eur / usd graph h1
see also our.
this graph has been produced with the trading platform provided by tradingstation 2.
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