EUR/USD: 34 MA going to act as support

EUR/USD: 34 MA going to act as support

0801eurusdh4 (1).png

There's a "Shooting Star", which has been confirmed. So, the 34 Moving Average is likely going to act as support in the short term. This line could be a departure point for a local upward correction.

0801eurusdh1 (1).png

There's a "High Wave", but confirmation of this pattern is a quite weak. Therefore, we should keep an eye on the upper "Window" as an intraday target.

eur

Similar

Popular

Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

USD/JPY: bullish "Doji"

We’ve got a pullback from the lower “Window”, so there’s a bullish “Doji”, which has been confirmed .

jpy

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