#EURUSD - The strength of the dollar is ending - #forex $EURUSD
Are we at the bottom of the dollar's climb? I think the answer will not come late.
On the monthly chart the most important support is in area 1,118 near Fibonacci 0.618. This is a very important area.
At this time the daily and weekly MM7 are higher and until they are exceeded they are an important resistance.
Daily chart marks weakness, the first support is in area 1.1288.
Until we have a weekly and daily closing simultaneously higher than MM7, the trend remains weak.
The weekly mm7 passes through the area 1,138. The decisive break will push the exchange towards area 1.145.
Good week everyone.
On the monthly chart the most important support is in area 1,118 near Fibonacci 0.618. This is a very important area.
At this time the daily and weekly MM7 are higher and until they are exceeded they are an important resistance.
Daily chart marks weakness, the first support is in area 1.1288.
Until we have a weekly and daily closing simultaneously higher than MM7, the trend remains weak.
The weekly mm7 passes through the area 1,138. The decisive break will push the exchange towards area 1.145.
Good week everyone.