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EUR/USD is trading around 1.1607, rebounding after reaching strong support located around 2/8 Murray at 1.1596.
If the euro consolidates above 2/8 Murray in the coming hours, it could be seen as an opportunity to take long positions, with a target at the 3/8 Murray located at 1.1657.
If downward pressure prevails and the euro falls below 2/8 Murray, the euro is expected to find strong support around the bottom of the downtrend channel located at 1.1565.
In case of a technical rebound above 1.1596 or 1.1555, it will be seen as an opportunity to enter long positions with a target at 1.1657, where Murray's 3/8 is located.
The Eagle indicator is showing a positive signal, so the trading plan will be to buy the euro n the coming hours as a recovery is expected in the coming days.
*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।