EUR/USD reversed from support zone

EUR/USD reversed from support zone

  • EUR/USD reversed from support zone
  • Next buy target - 1.2500

 EUR/USD recently reversed up from the support zone lying between the key support level 1.2200 (which has been reversing the price from the start of February), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from December. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Bullish Engulfing. EUR/USD is likely to rise further toward the next buy target at the next resistance level 1.2500.

eur

Similar

Popular

Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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