 |
| Technical Outlook for Eur-USD 30-7-2015 |
Eur/Usd pair moved yesterday in the average price movement of 166 Pips, it recorded the highest level at 1.1083 and the lowest at 1.0966 and closed at 1.0981 to lose 77 Pips during Yesterday’s trading after the FED keep the interest rate as it is.
The pair opened today at 1.0981 oscillatory between the 1.0961 and the 1.0988 levels during the Asian session in a trading average of 27 pips for the limitation of the market liquidity.
The pair is moving in a series of down corrective waves after breaking the parallel price channel.
We saw the pair achieved our target at 1.0953
It is expected that the pair Eur-Usd will reach the targeted level at 1.0840 in the next few hours.
The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until
Now we are seeing the control of Bears on the market.
Medium term trend: Down
Support levels: 1.0937 and 1.0893 and 1.0820
Resistance levels: 1.1054 and 1.1127 and 1.1171
More Technical Outlook FxStations
0 comments:
Post a Comment