EUR/USD Intraday Bearish
Pivot point: 1.0837
Resistance level 1: 1.0871 Resistance level 2: 1.0919 Resistance level 3: 1.0953
Support level 1: 1.0789 Support level 2: 1.0755 Support level 3: 1.0707
Comment: The pair traded bearish as it closed slightly below the first support level of 1.0822. For future trading references, if a bullish trend emerges then the resistance of 1.0871 could be broken and push the price up to 1.0919. However, if the downward trend returns then the support of 1.0789 may falter, which could pull the price lower to 1.0755.
Pivot point: 1.0837
Resistance level 1: 1.0871 Resistance level 2: 1.0919 Resistance level 3: 1.0953
Support level 1: 1.0789 Support level 2: 1.0755 Support level 3: 1.0707
Comment: The pair traded bearish as it closed slightly below the first support level of 1.0822. For future trading references, if a bullish trend emerges then the resistance of 1.0871 could be broken and push the price up to 1.0919. However, if the downward trend returns then the support of 1.0789 may falter, which could pull the price lower to 1.0755.