1 Attachment(s)
Technical & Theoretical Analysis for EUR/USD
Analysis for EURUSD:
Attachment 14740
Look the chart, it shows that the pair has made already a new support level to 1.1618 but there is little bit chance to cross it and if it may cross it then it may go down more. But if you follow the chart then its stated that it has made already a downtrend but this week we have some news about EUR and USD and thats why there is both chance to go down and up. So my suggestion is to trader that first of all you get the trend and when it take a solo direction then you may put trade.
Resistance: 1.1991, 1.1830, 1.1728
Support: 1.1618, 1.1511