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EURUSD






4/3/2017 3:21:24 AM

EURUSD - Technical Analysis: Monday, 03/04/2017 07:21 GMT



The EURUSD pair touched our waited target at 1.0650 and fluctuates near it, noting that breaking this level will extend the bearish wave to reach the low recorded by the beginning of last month at 1.0493.

RSI shows positive signals that might push the price to achieve some gains, but the price needs to surpass 1.0700 then 1.0748 resistance barriers to confirm turning to rise again, to keep the decline expected for the coming period unless the price managed to breach the mentioned resistance levels.


Target
Risk


Support
Resistance


Trend Bearish

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