Justmarkets | JUST COMFORTABLE TRADING

Triangle on EUR/USD

Triangle on EUR/USD

On Friday, August 25, aggressive purchases were observed on EUR/USD. The euro strengthened against the US dollar by more than 150 points. The currency found resistance at the level of 1.19550. At the moment, a correction is possible. In the trading instrument, a classical figure of the technical analysis, "Triangle", was formed, which quite often acts as a reversal formation.

If the price fixes below the local support of 1.19100, we recommend considering selling EUR/USD. The closest goal for fixing profits is the mark of 1.18700. Within a few days, the currency may reach a "mirror" support level of 1.18250.

by JustMarkets, 2017.08.28

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Buka Akaun

Dapatkan Analisis Percuma

* ruang yang diperlukan
Artikel Terakhir
Semua Artikel
Lengkok Fibonacci
Lengkok Fibonacci adalah satu alat analisis teknikal yang digunakan untuk meramalkan paras sokongan dan rintangan yang mungkin dengan memanfaatkan urutan Fibonacci.
Baca lagi
Apa Itu Gann Square?
Secara keseluruhan, Gann Square adalah alat unik dan rumit yang menawarkan pandangan mengenai trend pasaran dan pergerakan harga.
Baca lagi