12 Oct

EURUSD looking for break strong resistance level

admin Forex Technical outlook 0 Comments

EURUSD reached my previous target at 1.1393, As per my Fiber previous technical preview EURUSD reached target at 1.1393, Market will struggle this area, because I expect this area as strong resistance level (market has reversed today from 200 days simple moving average at 1.1396, as we as long term resistance at 1.1393).

On the upside, If break this resistance level I would like to expect in 1.1453.

On the downside, I expect the downside support area, so are 1.1317, 1.1258.

I recommended to BUY when the market comes support's, Sell when the market comes to resistance. Right now over all trend sideways.

EURUSD strong break downtrend resistance

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