Main Quotes Calendar Forum
flag

FX.co ★ EUR/USD analysis for July 13 2021 - Completion of ABC and potential for test of 1.1785

parent
Forex Analysis:::2021-07-13T12:05:35

EUR/USD analysis for July 13 2021 - Completion of ABC and potential for test of 1.1785

Technical analysis:

EUR/USD analysis for July 13 2021 - Completion of ABC and potential for test of 1.1785

EUR/USD has been trading downside as I expected. I see potential for the downside continuation towards 1.1785.

Trading recommendation:

Watch for potential selling opportunities on the rallies due to completion of the upside ABC correction.

Downside target is set at the price of 1.1785

Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.

Key resistance is set at 1.1810

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...