EURUSD News

(4 votes)


Last Updated Date: 17 May 2021 @ 5:38 AM (UTC)
*Please note that all the dates are in GMT time zone

Trade is stuck up around the 1.2185 resistance level, leaving the market on the balance level between bull / bear trend forces. A close over 1.2185 implies rallies to 1.2243. A close over 1.2243  is very bullish. Be prepared for additional near term dips and consolidation back inside Friday’s range, but trade should try to hold near 1.2100. A close under 1.2070 is bearish ⇒ 1.2045.

Resistance 2      1.2185
Resistance 1      1.2165

 
Support 1           1.2121
Support 2           1.2100




 
 
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