Select Page

Get More Power Over Your Trading With Less Hassle

FXTechstrategy delivers powerful buy/sell trade ideas with stop losses, price targets and super-easy analysis to help you improve your results

EURUSD Looks To Extend Its Bear Pressure

EURUSD: With EURUSD selling off strongly on Wednesday, we envisage more weakness in the days ahead. Support lies at the 1.1150 level. Further down, support comes in at the 1.1100 level where a violation will aim at the 1.1050 level. A break of here will target the 1.1000 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, on the upside, resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1.1350 level where a break will expose the 1.1400 level. All in all, EURUSD faces further move lower on bear pressure.

EURUSD Looks To Extend Its Bear Pressure

 

 

GET MORE POWER OVER YOUR TRADING WITH LESS HASSLE

The Award-Winning Analysis Solution for Forex & Commoditidy Traders

Your trading, made easier

R
Get 15+ super-easy trade ideas with powerful daily analysis and easy-to-understand strategy eBook
R
Stay on top of every move with price action to help you make easier, faster, and more accurate trading decisions.
R
Whether your strategy is for day trading or swing trading FXTechstrategy analysis fits in seamlessly with no hassles.

See Plans and Get Started