EURUSD confirms the breakthrou
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Hello everyone,
EURUSD 4H NEW FORECAST
The price of the euro against the dollar confirmed the breach of the 1.0795 level after closing the daily candle above it, turning to the upside and building a bullish wave in the immediate term, targeting an initial test of the 1.08445 level, noting that breaching this level will push the price towards 1.0875 as the next main station.
Therefore, the upward bias will be likely for today, supported by the 50 moving average that carries the price from below, noting that breaking 1.0795 will stop the expected rise and pressure the price to decline again.
Pivot Line : 1.0820
Resistance Line : 1.0845, 1.0860, 1.0875
Support Line : 1.0769, 1.0763, 1.0739
EURUSD 4H NEW FORECAST
The price of the euro against the dollar confirmed the breach of the 1.0795 level after closing the daily candle above it, turning to the upside and building a bullish wave in the immediate term, targeting an initial test of the 1.08445 level, noting that breaching this level will push the price towards 1.0875 as the next main station.
Therefore, the upward bias will be likely for today, supported by the 50 moving average that carries the price from below, noting that breaking 1.0795 will stop the expected rise and pressure the price to decline again.
Pivot Line : 1.0820
Resistance Line : 1.0845, 1.0860, 1.0875
Support Line : 1.0769, 1.0763, 1.0739
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