Chart of the Day: EUR/USD As analyzed yesterday, the EUR/USD prices continued their downward movement up to the 1.3860 level. As for today, relying on the Parabolic SAR, Stochastic and the MACD indicators, it’s shown on the chart that the pair is moving low and the expected target will be towards 1.3802, that if breached low, it will further consolidate the completion of the downtrend till the 1.3760-1.3790 area. As for the major resistance line, it’s at 1.3855, that if breached high , it’s probable to test the 1.3900 level. www.mbcfx.com
Chart of the Day: EU
Chart of the Day: EUR/USD As analyzed yesterday, the EUR/USD prices continued their downward movement up to the 1.3860 level. As for today, relying on the Parabolic SAR, Stochastic and the MACD indicators, it’s shown on the chart that the pair is moving low and the expected target will be towards 1.3802, that if breached low, it will further consolidate the completion of the downtrend till the 1.3760-1.3790 area. As for the major resistance line, it’s at 1.3855, that if breached high , it’s probable to test the 1.3900 level. www.mbcfx.com
