EURUSD has reached confluence resistance and may head lower now
In the last couple of weeks, EURUSD has managed to bounce significantly after establishing a new year low at around 1.0880.
However, the rally may be coming to end soon. The daily chart shows that the pair is very close to a major resistance zone, defined by the upper trendline of a descending wedge and the 38.2% Fib of the 2019 decline. At the same time, 10-day RSI is giving an overbought signal. A possible move towards 1.10 should not be ruled out.
dailyfx.com/espanol/forex/alertas_diarias/2019/10/17/Euro-hoy-EURUSD-sube-con-vigor-por-el-acuerdo-de-Brexit-pero-los-riesgos-no-desaparecen.html
However, the rally may be coming to end soon. The daily chart shows that the pair is very close to a major resistance zone, defined by the upper trendline of a descending wedge and the 38.2% Fib of the 2019 decline. At the same time, 10-day RSI is giving an overbought signal. A possible move towards 1.10 should not be ruled out.
dailyfx.com/espanol/forex/alertas_diarias/2019/10/17/Euro-hoy-EURUSD-sube-con-vigor-por-el-acuerdo-de-Brexit-pero-los-riesgos-no-desaparecen.html
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.