EURUSD targets 1.0300/0.9970 levels , Resistance 1.1035 !

EURO 20 qdvcqu
EURO 20 qdvcqu

The EURUSD continued its bearish momentum last week , topped at the 1.1035 levels and bottomed at the 1.0567 levels . This development leaves the pair targeting the 1.0300 levels , a halt is likely but a cut would open 0.9970 next , further down will pave the way towards the 0.9600 levels.

On the upside , resistance comes at the 1.0712 levels ahead of the 1.1035 levels (main) , sustained breakout -weekly closing- above the 1.1035 levels will turn out look neutral and open the 1.1533 levels before the next fall…

In all , as long as 1.1035 resistance holds on a weekly cloning basis , medium term outlook in EURUSD remains on the downside towards the 1.0300 levels ahead of the 0.9970 levels , above 1.1035 face a recovery risk towards the 1.1533 levels before the next fall…

 

EURUSD targets 1_0300-0_9970 levels , Resistance 1_1035

MARKET DATA

UPCOMING ECONOMIC EVENTS

5 COMMENTS

  1. I am a newbie, be helped on your prediction:
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    2. I really liked the support / resistance levels it mainly to play support / resistance, for I do scalp.
    3. I really like the level trend of short / medium / long term it.
    4. I really like the review results news.
    Hopefully one day I can learn from you, especially in a set of support / resistance (main) and determine the trend level of short / medium / long term.
    Thank you very much Master Haitham, above all else. May you always be successful.

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