Arazmajeed

EURUSD 4H : New forecast

OANDA:EURUSD   Euro / U.S. Dollar
EURUSD

New forecast

Trading in the EUR/USD pair rebounded upward after approaching the 1.0649 level, and we expect to test the 1.0760 level during the coming sessions.

Therefore the direction is not clear se we have to wait until confirmation , to confirm the bullish trend should stable above 1.0718 and then our target will be active , taking into account that stabilized under 1.0664 will put the price under sell pressure and will postponed the bullish trend and began the negative trade.
so we have to wait until breach and stabilized above 1.0718 and then buy it or stabilized under 1.0664 sell it .

The expect range trading for today it will be between the resistance line 1.0718 and support line 1.0664.

Additionally ,Today News will affect the market .

resistance line : 1.0718 , 1.0760
support line : 1.0700 , 1.0686

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