EURUSD breakout attempt stifled by Fed, pushed down into support
As long as support in the 11100s holds, then a neutral to bullish bias is maintained
Barring a breakdown, the euro may look to consolidate the rally since April
As long as support in the 11100s holds, then a neutral to bullish bias is maintained
Barring a breakdown, the euro may look to consolidate the rally since April
Note
1.Tough Resistance: Price on Strong Trend line 2. Price Retracement seen; bounce back on price and
respect support @1.11092; Uptrend
but neutral sign need to see a
candle break the resistance otherwise
the price will range
3. Price already above the 200 sma,
however having a hard time to
break resistance @1.12808
4. ADX= 28 still a strong trend
but decreased power due to consolidation and uncertainty
5. Events:M:Core Durable Goods Orders m/m
T:CB Consumer Confidence
W:Fed Chair Yellen Speaks; Kashkari Speaks;Crude Oil Inventories
TH:Final GDP q/q;Unemployment Claims
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.