Note: This section contains information in English only.
Thu, 28 Feb 2019 09:29:39 GMT
Source: Dukascopy Bank SA
The EUR/USD did not manage to pass the resistance levels at the 1.1400 mark. Instead the rate retreated down to the lower trend line of the ascending channel pattern.
On Thursday morning the rate had bounced off the support of the trend line and had found additional support in the weekly R1 at 1.1380. Due to that reason it was assumed that the rate will make another attempt to pass the 1.1400 level.
On the other hand the rate might trade sideways and that way pass the support of the ascending channel. That way the rate would face the various support on the hourly chart one by one and decline below them.
Používame cookies, aby sme vám poskytli čo najlepší zážitok z prehliadania. Pokračovaním v používaní webovej stránky súhlasíte s používaním cookies. Svoj súhlas môžete kedykoľvek odvolať – ďalšie podrobnosti nájdete v našich Zásadách používania súborov cookie.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation, please call us or make callback request.
To learn more about Dukascopy Bank Binary Options
/ Forex trading platform, SWFX and other trading related information, please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Business Introducer and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.