honeill
Sergeant
- Messages
- 1,126
On yesterday session, the EURUSD rose with a narrow range and closed near the high of the day, plus the currency pair closed within Monday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily support at 1.1237, the 10-day moving average at 1.1224 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).
The currency pair is trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1291, a daily support at 1.1237, the 10-day moving average at 1.1224 (support), a daily support at 1.1097, previous wing high at 1.1021 (support) and a key level at 1.0970 (support).