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| Technical Outlook for EUR-USD 28-7-2015 |
Eur/Usd pair moved yesterday in the average price movement of 160 Pips, it recorded the highest level at 1.1128 and the lowest at 1.0968 and closed at 1.1086 to Gain 105 Pips during Yesterday’s trading according to economic data.
The pair opened today at 1.1086 oscillatory between the 1.1070 and the 1.1098 levels during the Asian session in a trading average of 28 pips for the limitation of the market liquidity.
The pair is moving in a series of up impulse waves above the ascending trend line and above 50% fibo.
We saw the pair achieved our target at 1.1100
It is expected that the pair Eur-Usd will reach the targeted level at 1.1140 in the next few hours.
The Relative Strength Indicator "RSI" reveals the accumulation operations at the market and until
Now we are seeing the control of Bulls on the market.
Medium term trend: Down
Support levels: 1.0993 and 1.0900 and 1.0833
Resistance levels: 1.1153 and 1.1220 and 1.1313
More Technical Outlook FxStations
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