💡 EURUSD . Weekly Technical Analysis Update

FX:EURUSD   Euro / U.S. Dollar
Midterm forecast:
1.1970 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A trough is formed in daily chart at 1.1600 on 11/04/2020, so more gains to resistance(s) 1.2165, 1.2330, 1.2555 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 66.

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
HighAccurate forecast for
★36 Forex Pairs: 916.000 pips track record profit
★34 Cryptos
★Gold, Silver, Oils, Gas
★Best Profitable Trading Strategies

in 9 languages

since 2007
★FREE Telegram


Very nice chart.   Thank you so much.
+3 Reply
ForecastCity carefulOwl22772
@carefulOwl22772, It's our pleasure!
+2 Reply
Many thanks for sharing this chart.
+3 Reply
ForecastCity sofi_Morphy
@sofi_Morphy, You're very welcome!
+2 Reply
ForecastCity sofi_Morphy
@sofi_Morphy, Thank you for your comment. We appreciate it
+2 Reply
Your Analysis is Superb Bro The Timing and Accuracy You Provide is Great!
+2 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, We appreciate your comment.
+1 Reply
Thank you always.
+1 Reply
@ukojones, You're welcome!
Very accurate and it is making a lot of sense. Thank you for the good work.
+1 Reply