FX.co ★ EUR/USD

EURUSD 24-Hour Analysis: In any case, we are now below 1.12029, but it will take another day to see how it does on the daily candle. The current situation is becoming hotter since there is a local minimum and no command for it to be broken down. It won't happen. I notice a level at the top of the chart that points to a possible collapse of the local southern trend, but I do not see it happening. As we descend, the resistance increases proportionately. We must highlight yesterday's high, which was attained after a retreat on Wednesday from a previous high of 1.11829. If we combine and reach close to 1.11929–1.12079, we will be able to get a return. My only option at this point is to sell around 1.11429, which is yet another strong level of support. After that, we just have 1.10729 to expect. Even if this market remained dormant, I could still profit from it. However, I made my purchase yesterday. The result was 1.11979. Since they've put me into a loss after I earned a little profit in the prior several years, I won't rush to complete the acquisition. 1.11429 is my "watershed" for today. We didn't move for two days, which is shameful, but it's preferable to see the end. We never know what market sharks may throw at us, but there's a good chance they'll set up another buyer removal in the next months. Despite being a buyer, I am unable to finish the transaction. I will pay for any repairs that are less than 1.11929.