Source: PaxForex Premium Analytics Portal, Technical Insight
EUR/USD: additional growth above 1.1900 is possible.
EUR/USD,D1
Pivot: 1.1868
Analysis:
While the price is above 1.1735, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.1868
- Take Profit 1: 1.1980
- Take Profit 2: 1.2060
Alternative scenario:
If the level 1.1735 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.1735
- Take Profit 1: 1.1660
- Take Profit 2: 1.1580
Comment:
RSI shows the development of an uptrend in the medium term.
Key levels:
| Resistance | Support |
| 1.2140 | 1.1735 |
| 1.2060 | 1.1660 |
| 1.1980 | 1.1580 |
