EURUSD 4H (It Looks Bearish)
EURUSD Outlook
After breaking through the robust support line at 1.0858, the price has the potential to stabilize within the bearish zone.
Stability within this area would indicate a bearish trend, targeting 1.0793. Conversely, a reversal above 1.0858 would suggest a potential move towards 1.0902.
Pivot Price: 1.0858
Resistance prices: 1.0902 & 1.0932 & 10.980
Support prices: 1.0793 & 1.0755 & 1.0707
The movement range will be between the support 1.0792 and the resistance 1.0865
Tendency: Downward
After breaking through the robust support line at 1.0858, the price has the potential to stabilize within the bearish zone.
Stability within this area would indicate a bearish trend, targeting 1.0793. Conversely, a reversal above 1.0858 would suggest a potential move towards 1.0902.
Pivot Price: 1.0858
Resistance prices: 1.0902 & 1.0932 & 10.980
Support prices: 1.0793 & 1.0755 & 1.0707
The movement range will be between the support 1.0792 and the resistance 1.0865
Tendency: Downward
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
Urgent News ⚡️:
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