EUR/USD has dipped below 1.08. Economists at Société Générale analyze the pair’s technical outlook.
1.0930 must be overcome to affirm a short-term up move
EUR/USD pullback has extended after breaking below the ascending trend line drawn since last year. It is now challenging the 200-DMA. A bounce can’t be ruled out however high achieved earlier this week at 1.0930 must be overcome to affirm a short-term up move.
Daily MACD has dipped within negative territory denoting prevalence of steady downward momentum.
Failure to cross 1.0930 could mean persistence in down move towards next potential supports at projections of 1.0730/1.0710 and May trough of 1.0630
Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.
Tiada ulasan lagi. Jadilah yang pertama berkongsi pandangan anda.