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EURGBP → The battle for zone 0.867. What are the prospects?

is attempting to remain above 1/2 of the key trading range as part of a retest after breaking through strong resistance. The local trend is bullish, and the price has a chance to reach 0.8743.

EUR is consolidating in a wedge pattern, with the price moving away from support and attacking resistance. Against the backdrop of the expected Fed rate cut, EUR may break through the line and begin an active phase of growth, which will support EURGBP. The currency pair's price has moved beyond the lower half of the trading range and is attempting to consolidate above the bullish interest zone. If the bulls hold their defense above 0.866-0.867, the price will have a chance to test the poi

Support levels: 0.867, 0.865, 0.8635
Resistance levels: 0.871, 0.874

Against the backdrop of the news, the price may test the order block in the 0.865 zone. A false breakdown and consolidation of the price above 0.867 will confirm the bulls' intentions, allowing the price to move towards the specified target.

Best regards, R. Linda!

RLinda

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또한 다음에서도:

EURGBP → The battle for zone 0.867. What are the prospects?

관련 발행물

GBPUSD → Retest resistance for a breakout. Distribution?

GBPNZD → Retest 2.276 before resuming the bullish trend

면책사항

관련 발행물

GBPUSD → Retest resistance for a breakout. Distribution?

GBPNZD → Retest 2.276 before resuming the bullish trend

면책사항