Today, 09.03.2020, it became known that OPEC+ countries failed to agree on additional oil reduction as a result of negotiations in Vienna, which had a strong impact on various assets, including EUR/USD.
EUR/USD, 30 min
Pivot – 1.1395
Today, 09.03.2020, it became known that OPEC+ countries failed to agree on additional oil reduction as a result of negotiations in Vienna, which had a strong impact on various assets, including EUR/USD.
Pivot – 1.1395
Provided that level 1.1355 is not broken-down, follow the recommendations below:
In case of breakdown of the level 1.1355, follow the recommendations below:
RSI upward motion. EUR/USD may rise by 100 pips within the day.
Resistance | Support |
1.1540 | 1.1355 |
1.1495 | 1.1320 |
1.1460 | 1.1280 |
Pivot – 1.1370, 1.1400
As long as the price is above 1.1100, follow the recommendations below:
If level 1.1100 is broken-down, follow the recommendations below.
RSI shows buying power and further upward movement within the uptrend.
Resistance | Support |
1.1840 | 1.1100 |
1.1700 | 1.0990 |
1.1565 | 1.0880 |
AUD/USD - sell above 0.6580 with 0.6450 and 0.6400 as Take Profit targets. Alternative scenario - in case of breakdown of the level 0.6580, it is necessary to consider buying with the targets 0.6625 and 0.6660 as Take Profit.
GBP/USD - long positions above 1.3025 with 1.3125 and 1.3160 targets as Take Profit. Alternative scenario - in case of breakdown of the level 1.3025, it is necessary to consider selling with the targets 1.2990 and 1.2945 as Take Profit.
USD/CHF - sell above the level 0.9315 with the targets 0.9175, 0.9140 as Take Profit. Alternative scenario - in case of breakdown of the level 0.9545, you should consider buying with the targets of 0.9390 and 0.9435 as Take Profit.
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