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12.02.202408:59 Analisis Forex & Kajian: Indicator Analysis of EUR/USD on February 12, 2024

Trend analysis (Fig. 1).

The EUR/USD currency pair may move upward from the level of 1.0784 (closing of Friday's daily candlestick) to 1.0821, the 23.6% pullback level (red dotted line). In the case of testing this level, a continued upward movement is possible with a target of 1.0836, the historical resistance level (blue dotted line).

Exchange Rates 12.02.2024 analysis

Fig. 1 (daily chart).

Comprehensive analysis:

  • Indicator analysis – up;
  • Fibonacci levels – up;
  • Volumes – up;
  • Candlestick analysis – up;
  • Trend analysis – up;
  • Bollinger bands – up;
  • Weekly chart – up.

Today, the price may move upward from the level of 1.0784 (closing of Friday's daily candlestick) to 1.0821, the 23.6% pullback level (red dotted line). In the case of testing this level, a continued upward movement is possible with a target of 1.0836, the historical resistance level (blue dotted line).

Alternatively, the price may move upward from the level of 1.0784 (closing of Friday's daily candlestick) to 1.0821, the 23.6% pullback level (red dotted line). In the case of testing this level, a downward movement is possible with a target of 1.0807, the 13-period EMA (yellow thin line).

* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.

Stefan Doll,
Analytical expert of InstaSpot
© 2007-2025
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