EUR/USD: 34 MA acted as resistance

EUR/USD: 34 MA acted as resistance

1-11-2017-EUR-H4.png

The price is consolidating between the levels 1.1668 - 1.1615. The main intraday target is the nearest resistance at 1.1695. If a pullback from this level happens, there'll be an opportunity to have a decline towards the closest support at 1.1582 - 1.1560.

1-11-2017-EUR-H1.png

The 34 Moving Average has acted as resistance, so bears are likely going to test the nearest support at 1.1615 - 1.1601. This area could be a departure point for another bullish price movement in the direction of the 89 Moving Average.

eur

Similar

Popular

EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera