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Forex Signal For EUR/USD: Tips for Identifying the Resistance Path

Forex Signal For EUR/USD: Tips for Identifying the Resistance Path Forex Signal For EUR/USD: Tips for Identifying the Resistance Path

Forex Signal For EUR/USD: Tips for Identifying the Resistance Path
Yazar: Ross Sutton

Yayınlanma: 27 Haziran 2022 14:54

Güncellenme: 13 Kasım 2024 01:08

Forex Signal For EUR/USD: Tips for Identifying the Resistance Path

    Forex Signal For EUR/USD: Tips for Identifying the Resistance Path   The pair will likely continue to rise as the bull market targets the first resistance of the standard pivot point at 1,06.  

Bull Market Outlook

 
  • Buy the EUR/USD pair and take a profit at 1,0600.
  • Add a stop-loss at 1,0500.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Tips for Identifying the Resistance Path

 

Bear Market Outlook

 
  • Take a sell stop at 1,0510 and a profit at 1,0450.
  • Add a stop-loss at 1,0600.
The EUR/USD pair remained calm on Monday morning as investors focused on upcoming US housing and consumer confidence data, and traded at 1,0556, just above last week's low of 1,0475.   eurusd-crispus-27062022

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