EUR/USD rebound to rest 1.0644
Euro RSI is turning up on the daily chart. The weekly breakdown level at 1.0644 has not been retested yet. There is enough on the Euro calendar to facilitate the rise back to 1.0644, notably CPI on Thursday. Of note is, the daily low was right on the nose of the weekly close 12/5/2022 at 1.0533. That was also the last lower weekly close before the rise to 1.0715. The next lower weekly close on 1/2/23 became support/breakdown/resistance. #OPINIONLEADER#
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
If you like, reward to support.
Hot
No comment on record. Start new comment.