EUR/USD: no any reversal pattern

Read the article on FBS website

24-1-2018-EUR-H4.png

The main trend is still bullish, so the market is likely going to test the nearest resistance at 1.2358 - 1.2456. If a pullback from this area happens, there'll be an opportunity to have a decline towards the nearest support at 1.2322 - 1.2272.

24-1-2018-EUR-H1.png

There's no any reversal pattern, so the pair is likely going to test the next resistance at 1.2358 - 1.2398 during the day. This area could be a departure point for a bearish correction towards the closest support at 1.2358 - 1.2322.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.