Technical Analysis outlook - $FOREX : $EUR -
Sun 20.Jan.2019
Ticker: EURUSD
LAST= 1.13 65
EURUSD movement during the last few days showed a sideways movement, with a recent high price seen on Thu 10.Jan.2019 at 1.1572.
During the next few days the price is expected to go down for 1.13 40 and then to 1.12 85.
The Short-Term view is expected to continue to be DOWN as long as the price is below 1.1395, and it’s recommended to ‘BE SHORT ' for a targeted price of around 1.1285 taking in consideration the support levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades above the level 1.14 60
Res_2 = 1.14 50
Res_1 = 1.14 00
Sup_1 = 1.13 40
Sup_2 = 1.12 85
Ticker: EURUSD
LAST= 1.13 65
EURUSD movement during the last few days showed a sideways movement, with a recent high price seen on Thu 10.Jan.2019 at 1.1572.
During the next few days the price is expected to go down for 1.13 40 and then to 1.12 85.
The Short-Term view is expected to continue to be DOWN as long as the price is below 1.1395, and it’s recommended to ‘BE SHORT ' for a targeted price of around 1.1285 taking in consideration the support levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades above the level 1.14 60
Res_2 = 1.14 50
Res_1 = 1.14 00
Sup_1 = 1.13 40
Sup_2 = 1.12 85