empty
 
 
11.12.2019 05:27 PM
EUR/USD for December 11,2019 - EUR is holding upside, potential for larger upward movement

EUR/USD has been trading upwards as I expected. EUR is working towards our upward targets at 1.1115 and 1.1172. I still expect further upside movement. Watch for buying opportunities.

Most of the markets are waiting for the FOMC statement for potential larger volatility.

This image is no longer relevant

Stochastic oscillator is near the overbought zone but it is trying for another bull cross, which may confirm further upward continuation.

Most recently, I found rejection of the upward trend line at 1.1075, which adds more potential strength on the EUR

Support levels are seen at the price of 1.1075 and 1.1041. Resistance levels are set at 1.1115 and 1.1172.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback