Home Featured News EURUSD: Halts Upsides, Faces Pullback Threats With Caution!

EURUSD: Halts Upsides, Faces Pullback Threats With Caution!

EURUSD: Halts Upsides, Faces Pullback Threats With Caution!

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With EURUSD failing to continue its yesterday’s gains, a short term resistance has been printed at the 1.1365 levels, while its immediate risk remains higher, EURUSD will have to break and hold above the 1.1365 levels to prevent a return to the downside.

Immediate support comes at the 1.1304 levels where a cut will aim the 1.1240 levels, further down, support stands at the 1.1166 levels, where rebound is likely.

On the upside, resistance stands at the 1.1365 levels, above 1.1365 will extend gains to the 1.1400 levels where a break will pave the way to the 1.1450 levels ahead of the 1.1490 levels.

Conclusion: The pair remains exposed to the downside below 1.1365 levels is short term forecast….

EURUSD_ Halts Upsides_ Faces Pullback Threats With Caution

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HAITHAM653
I’ve been in the fx market since 2007 ,In this website I'm gonna share with you the knowledge and the experience that I obtained through the years, I analyze the markets from technical and fundamental perspectives. I cover, short/medium to longer term forecasts,that fit all kind of traders from beginners to professionals, my primary mission is to get the real pulse of the market to our readers .

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