honeill
Sergeant
- Messages
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On yesterday session, the EURUSD initially fell but found enough support near the 10-day moving average to trim all its losses and closed near the high of the day, although 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 daily resistance at 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1976, the 10-day moving average at 1.1958 (support), a daily support at 1.1910, other daily support at 1.1829 and a daily support at 1.1753.
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 daily resistance at 1.2115, other daily resistance at 1.2041, a daily resistance at 1.1976, the 10-day moving average at 1.1958 (support), a daily support at 1.1910, other daily support at 1.1829 and a daily support at 1.1753.