Daily Forex Update: EUR/USD

EUR/USD 4 days
Chart date range | 05-May 20:00 GMT-> 11-Jun 16:00 GMT |
Data Interval | 4 Hour |
Summary
Target Level | 1.235999 | |
Target Period | 4 days | |
Stop Level | 1.1876 |
Analysis
Falling Wedge has broken through the resistance line at 10-Jun 16:00 GMT. Possible bullish price movement forecast for the next 4 days towards 1.235999.
Supporting Indicators
Upward sloping Moving Average
Resistance Levels
(B) | 1.2326 | Last resistance turning point of Falling Wedge. |
Support Levels
(A) | 1.1876 | Last support turning point of Falling Wedge. |
- 14 June |
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