EURUSD Forecast And Technical Analysis Feb 11th, 2018
DXY is increasing.
The risk-off sentiment is pushing the dollar and the yen higher against the other currencies.
Price is in lower BB.
RSI value is 48 and bearish.
Daily Resistance: 1.23000 – 1.23300
The pair tested EMA 200 support at 1.22100.
A break below 1.22100, will lead the price 1.21500 and 1.21100.
1.22670 is the Resistance #1 on the H4 chart. The next resistance is 1.23000.
Join our free telegram channel: https://t.me/chartreader
Our Free Trading Floor: https://itradeandwin.echofin.co
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.