![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/quotes_special.gif)
The EURUSD made another indecisive movement yesterday, formed another Doji on daily chart. Price still unable to consistently move above 1.3000 and we know that it is a very strong resistance, which could produce bullish exhaustion and downside consolidation unless price able to break above 1.3045 area, targeting 1.3120 before testing 1.3270 - 1.3340 region. The bias remains neutral in nearest term but overall we are still in bullish phase. Immediate support at 1.2900 - 1.2880 area. Break below that area could trigger further bearish momentum testing 1.2735 key support area.
2 years ago
0 comments:
Post a Comment