EUR/USD
The EUR / USD pair is in downward trend in view of the fundamental data to be published, we believe it to continue the downward trend for the rest of the American session.
The next support at 1.3150 and 1.3125, the latter coincides with the line of 38.2% Fibonacci retracement. And finally, the channel long-term uptrend.
A close below these support levels invalidate our bullish outlook of the pair. Therefore, we recommend buying at levels of supports already mentioned, the stop loss is very tight below the second weekly support around 1.3095, and our partial goal, we will place at 1.3450 and 1.3660 our final objective,
The MCD indicator, shows bearish signal and range indicator shows the long-term trend as a bullish signal.
The next support at 1.3150 and 1.3125, the latter coincides with the line of 38.2% Fibonacci retracement. And finally, the channel long-term uptrend.
A close below these support levels invalidate our bullish outlook of the pair. Therefore, we recommend buying at levels of supports already mentioned, the stop loss is very tight below the second weekly support around 1.3095, and our partial goal, we will place at 1.3450 and 1.3660 our final objective,
The MCD indicator, shows bearish signal and range indicator shows the long-term trend as a bullish signal.
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