Browsing all articles tagged with RESISATNCE
Jul
3

EUR/USD D1 Technical July 03

The outlook for the pair is bearish. The key level is 1.2880 level. If today EUR/USD manage to hold this level and H4 candle closure above resistance 1.3015 level then pair will continue its uppish trend and will target 1.3070-1.3111 level respectively.

But if EUR/USD fail to hold its support 1.2880 level and H4 candle closure below this level then it will show more bearish strength and EUR will then further dropped towards southward and target will be 1.2800 level.

High impact News can change the scenario. News like ADP Non-Farm Employment Change, Trade Balance, Unemployment Claims, ISM Non-Manufacturing PMI.