Main Quotes Calendar Forum
flag

FX.co ★ EUR/USD analysis for November 29, 2021 - Upisde continuation in the play

parent
Forex Analysis:::2021-11-29T12:15:17

EUR/USD analysis for November 29, 2021 - Upisde continuation in the play

Technical analysis:

EUR/USD analysis for November 29, 2021 - Upisde continuation in the play

EUR/USD has been trading this morning but I see potential for the upside continuation due to strong Friday's close.

Trading recommendation:

Due to strong upside momentum and nice pullback today, I see potential for the upside continuation.

Watch for buying opportunities on the intraday pullbacks with the upside target at 1,1325.

Stochastic is showing fresh bull cross, which is another sign and confirmation for the upside continuation.

Support level is set at the price of 1,1260

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...