EURUSD Technical Analysis - Uniglobe Markets

EURUSD Technical Analysis

Posted on July 9, 2018 at 13:57 PM

Euro-Dollar, trading towards the 1.2000

The EURUSD traded in a bullish direction towards the 1.1800 and a breach of this level will confirm the bullish trend of the EURUSD.

We will wait for the pair this week for stability trade above 1.1800 levels than why not targeting levels above 1.19500

Support: 1.1650 – 1.1540

Resistance: 1.1795 -1.1940

Direction of the pair: Long-term bullish above 1.1850 with a target of 1.1950 and 1.2050 with a condition of non trading below 1.1540 levels

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