EURUSD Faced Strong Support Near 1.0650

EURUSD Faced Strong Support Near 1.0650

EURUSD created a new low today at 1.0650.
From the chart we can see that it was stopped near to a strong support zone
which pushed the price up several times.

FOMC didn't bring anything new so far and EURUSD can begin the bullish run soon.

The first resistance zone is found near 1.0800 and near to the top of the structure 1.0900

You may find more details in the chart!
Thank you and Good Luck!

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Kommentar:

EURUSD is still developing between 1.0690 - 1.0720 showing in this way hesitation moving down more. We can see the bullish wave soon.

Kommentar:

From our previous analysis the price increased by +25 points and is showing upside potential.

The US will soon release NFP Employment data. It will be very interesting how the price may develop given that the FOMC turned out to be a non-event for EURUSD.

Trade geschlossen: Ziel wurde erreicht:

Trade geschlossen: Ziel wurde erreicht:

EURUSD target reached:)