What's up investor friends?
EUR/USD remains at 1.1920 levels. The upward movement was hit by stiff resistance at 1.20 on Thursday last week, triggering the current corrective low.
We could expect a bearish continuation down to the lows of 1.1830, and in case of a breakout, down to 1.16 levels.
Another possible scenario would be a successful break of the 1.1960 ceiling (red line) and take the price to 1.2040 (blue line).
We must be patient and wait for price action.
Important
The information provided in this publication should not be considered as an investment recommendation. Trading cryptocurrencies, forex, stocks, among others, is risky.
Posted Using LeoFinance Beta
Congratulations @tradingworld! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next target is to reach 50 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP