FX.co ★ EUR/USD

EUR/USD: Chart M 15. The instrument is trading near the daily pivot level DPV: 1.13548. If the price moves above the daily pivot, the possible target could be the W1 support level Sup C: 1.1416 or the D1 resistance level Res: 1.14566. If the price drops below the daily pivot level, the downside target could be the yLow level: 1.13241. In case of further decline below the low level, the downside targets could be the following support levels: S3: 1.12952, S4: 1.12583. If the price bounces off the level 1.12952 or 1.12583 and moves upwards, the target could be the daily pivot level. Continuing the movement above the daily pivot could send the price towards the mentioned upward targets.