analysis
AUD USD
binary option
buy sell
Canadian Dollar
candlestick
charts
day trade
day trading
down trend
ElliottWave
Elliott Wave Theory
EUR
Euro
EUR USD
fibonacci
forecast
Forex
futures
how to trade
Japanese Yen
learn to trade
macd
make money trading
moving average
profitable trading
profits
resistance
spread betting
stochastic
stop loss
support
Technical Analysis
technical commentary
Technicals
technical trading
trade idea
trade signals
trading advice
trading education
trend line
up trend
USD
US dollar
volume
Saturday 26 Sep 2020
FWP Network > Forexhound.com > Analysis > Forex Analysis > EURUSD > Technical forecast for EUR/USD
Technical forecast for EUR/USD
EURUSD · analysis, binary option, buy sell, candlestick, charts, day trade, day trading, down trend, fibonacci, forecast
EURUSD hit our target of 1.3310/00 & continue lower to 1.3277 so we did not make it as far as good support at 1.3250/40 for a buying opportunity. If we do see this level today we can exit shorts & try longs with stops below 1.3190.
We are oversold short term so a recovery could be on the cards today. Immediate resistance at 1.3345/50 but above here we may reach 1.3400/20. With the daily chart more negative we can exit longs & try shorts in the 1.3400/20 area with stops above 1.3440 as a break higher can then target 1.3505/15.