⚡Crypto Alert : Altcoins are up 28% in just last month! Unlock gains and start trading now - Click Here
Here’s the Key Levels in the EUR/USD for Monday
The Euro has rallied thanks largely to a weak USD. The key area of interest for me today is the 200 SMA on the 4-hr chart. As you can see below we have tested it twice now and bounced off.
Longer-term I suspect that we will continue to sell off so I want to ride that higher timeframe trend and look for opportunities to be selling.
Key Support and Resistance Levels
Support | Resistance |
1.1736 | 1.1876 |
1.1700 | 1.1900 |
1.1663 | 1.1932 |
EUR/USD – 240 min Chart.
Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
Comments
Subscribe
Login
0 Comments
Top 4 Brokers
