How does EURUSD fluctuate in the new week?
Diupdate
Brian greetings to you all!
Today, the EUR/USD is consolidating its decline near 1.0550, after retreating from its highest level in a week at the start of the Asian session on Monday. This currency pair has weakened due to the resurgence of demand for the US dollar as a safe haven following the military attacks between Palestine and Israel over the weekend.
On the chart, we can observe that a gap has appeared on the 1-hour timeframe, with a price range fluctuating between 1.0559 and 1.0581. It is likely that today, the EU will continue its downward trend towards the support level of 1.500, and then bounce back to fill the price gap as previously mentioned. Additionally, the potential resistance level of 1.0600 remains the focal point for the upcoming price increase.
Today, the EUR/USD is consolidating its decline near 1.0550, after retreating from its highest level in a week at the start of the Asian session on Monday. This currency pair has weakened due to the resurgence of demand for the US dollar as a safe haven following the military attacks between Palestine and Israel over the weekend.
On the chart, we can observe that a gap has appeared on the 1-hour timeframe, with a price range fluctuating between 1.0559 and 1.0581. It is likely that today, the EU will continue its downward trend towards the support level of 1.500, and then bounce back to fill the price gap as previously mentioned. Additionally, the potential resistance level of 1.0600 remains the focal point for the upcoming price increase.
Catatan
good luckTrade aktif
Catatan
Support levels: 1.0510 1.0480 1.0435Resistance levels: 1.0550 1.0590 1.0630
Trading ditutup: target tercapai
Catatan
Trading ditutup: stop tercapai
Publikasi terkait
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.