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Trend analysis (Fig. 1).
The EUR/USD currency pair may move upward from the level of 1.0887 (closing of Friday's daily candlestick) to 1.0917, the 50% pullback level (red dotted line). In the case of testing this level, a continued upward movement is possible with a target of 1.0939, the historical resistance level (blue dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Today, the price may move upward from the level of 1.0887 (closing of Friday's daily candlestick) to 1.0917, the 50% pullback level (red dotted line). In the case of testing this level, a continued upward movement is possible with a target of 1.0939, the historical resistance level (blue dotted line).
Alternatively, from the level of 1.0887 (closing of Friday's daily candlestick), the price may move downward to 1.0871, the 38.2% pullback level (blue dotted line). In the case of testing this level, an upward movement is possible to 1.0917, the 50% pullback level (red dotted line).
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
