EURUSD Post CPI Outllook
After the CPI release, resistance was formed around 1.0307 on the daily chart, with yesterday's close failing to push above this level. Meanwhile, support has been established around 1.0235.
On the H4 Chart:
- Current resistance is at 1.0344.
- Immediate support sits around 1.0291.
Possible Scenarios:
- Bullish Continuation:If price closes above 1.0302, we could see a push towards the next resistance level at 1.0344 and beyond.
- Bearish Breakdown: If the support around 1.0291 is not held, we may see further downside towards 1.0252, and potentially more weakness towards 1.0192.
Keep an eye on these levels to assess the next direction.
On the H4 Chart:
- Current resistance is at 1.0344.
- Immediate support sits around 1.0291.
Possible Scenarios:
- Bullish Continuation:If price closes above 1.0302, we could see a push towards the next resistance level at 1.0344 and beyond.
- Bearish Breakdown: If the support around 1.0291 is not held, we may see further downside towards 1.0252, and potentially more weakness towards 1.0192.
Keep an eye on these levels to assess the next direction.
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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.
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.