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Clears Support

EURUSD TECHS
Foreign Exchange Technical AnalysisHomepagemarkets-real-timeBulletMarketsForeign Exchange Bullets
  • RES 4: 1.1034 76.4% retracement of the Dec 28 - Feb 14 bear leg
  • RES 3: 1.0998 High Jan 5
  • RES 2: 1.0981 High Mar 8 and the bull trigger
  • RES 1: 1.0860/0943 20-day EMA / High Mar 21
  • PRICE: 1.0791 @ 08:19 GMT Mar 28
  • SUP 1: 1.0762 Low Feb 20
  • SUP 2: 1.0732 Low Feb 26
  • SUP 3: 1.0695 Low Feb 14 and the bear trigger
  • SUP 4: 1.0656 Low Nov 10

EURUSD is trading lower and this has resulted in a break of support at 1.0796, the Feb 29 low. The move down reinforces a bearish theme and signals scope for a continuation lower. Sights are on 1.0762 next, the Feb 20 low, ahead of key support at 1.0695, the Feb 14 low and bear trigger. On the upside, initial resistance is at the 20-day EMA, at 1.0860. For bulls, a move above 1.0943, the Mar 21 high, is required to ease bearish pressure.

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  • RES 4: 1.1034 76.4% retracement of the Dec 28 - Feb 14 bear leg
  • RES 3: 1.0998 High Jan 5
  • RES 2: 1.0981 High Mar 8 and the bull trigger
  • RES 1: 1.0860/0943 20-day EMA / High Mar 21
  • PRICE: 1.0791 @ 08:19 GMT Mar 28
  • SUP 1: 1.0762 Low Feb 20
  • SUP 2: 1.0732 Low Feb 26
  • SUP 3: 1.0695 Low Feb 14 and the bear trigger
  • SUP 4: 1.0656 Low Nov 10

EURUSD is trading lower and this has resulted in a break of support at 1.0796, the Feb 29 low. The move down reinforces a bearish theme and signals scope for a continuation lower. Sights are on 1.0762 next, the Feb 20 low, ahead of key support at 1.0695, the Feb 14 low and bear trigger. On the upside, initial resistance is at the 20-day EMA, at 1.0860. For bulls, a move above 1.0943, the Mar 21 high, is required to ease bearish pressure.