EUR USD seem to be bearish on the longer term because the EMA 55 likely to form death cross to EMA 144 on daily time frame. The key level will be at hard resistance - 1.20000.
If we zoom in to 2HR chart, in the short term might retest the soft resistance at 1.195XX if break 1.192XX before go to 1.20XX. in 2hr chart also shows that EMA 55 form golden cross with EMA 144 , But anticipate also when break the support and go below level 1.188XX then will be retest the support at 1.185XX
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts
If we zoom in to 2HR chart, in the short term might retest the soft resistance at 1.195XX if break 1.192XX before go to 1.20XX. in 2hr chart also shows that EMA 55 form golden cross with EMA 144 , But anticipate also when break the support and go below level 1.188XX then will be retest the support at 1.185XX
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts