Main Quotes Calendar Forum
flag

FX.co ★ EUR/USD analysis for November 23, 2023 - Rejection of the key support cluter

parent
Forex Analysis:::2023-11-23T06:10:02

EUR/USD analysis for November 23, 2023 - Rejection of the key support cluter

Technical analysis:

EUR/USD analysis for November 23, 2023 - Rejection of the key support cluter

EUR/USD has been trading upside today and there was rejection of the rising trend-line the background, which is good sign for the further upside movement.

Due to the strong upside cycle, rejection of the rising trend-line and bullish reversal on RSI, there is the chance for the further growth towards upside reference..

Upside objective is set at the price of 1.0970

RSI oscillator is showing positive reversal, which is good sign for the further rally.

Key support is set at the price of 1.0830

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...