HomeContributorsTechnical AnalysisEURUSD Intraday Analysis

EURUSD Intraday Analysis

EURUSD (1.1256): The euro currency posted gains for the second daily session after previously falling to lows of 1.1175. The common currency is posting a hidden bearish divergence near the resistance level that is being tested at 1.1256. A reversal to the downside could push the euro lower to 1.1212. A rebound off this level will confirm that the bottom is in place. To the upside, a breakout above 1.1256 will confirm further gains to 1.1309 – 1.1327 resistance area

Orbex
Orbexhttp://www.orbex.com/en/agent/cl/ccc678cb86b9
At Orbex, we are dedicated to serving our clients responsibly with the latest innovations in forex tools and resources to assist you in trading.

Featured Analysis

Learn Forex Trading