the eur / usd pair on the rebound, but the support of the 1.1825 is for the time being.
in fact, since the area of the 1.1668 bull rally hit a peak in 1.1880 before retreating.
it is therefore below the threshold 1.1825 1.1860, the key is for the time being.
as long as the event is over, the bias is on an upward trend, with an eventual consolidation phase, before the trend in the direction of the 1.1900 and 1.1920 initially.
in the above, we can proceed in the direction of the area of the 1.1950, 1980 / 1.2000.
a first support is 1.1825 immediately. the folds will hold above the support to maintain the upward pressure.
in the fall, could be in the direction of the 1.1800 and 1.1775 at first, then to the 1.1750 and area of 1.1720 / 1.1680.
on the economic calendar will be in the future, we index the event, the event in germany, us cpi, retail sales and us consumer confidence, according to the event; university of michigan.
the day will be busy, with some potential for volatility prior to the end of the week.
the eur / usd pair 1.1840 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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