03:16 pm (GMT +0200)EURUSD is trading between 1.08603 and 1.08292. Any decisive movement upwards to penetrate the hurdle at 1.08603 will trigger an entry signal targeting the resistance at 1.08727 and then higher to test the levels at 1.08790 and 1.08914. A protective stop loss at 1.08292 is highly recommended.
Price Action
Thursday, November 16 2023
03:16 pm (GMT +0200)
30 minutes Timeframe
Should the pair manage to breach below the support at 1.08292, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1.08727
Target 2
1.08790
Target 3
1.08914
Target 4
1.09070
Entry
1.08603
Stop Loss
1.08292
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023
03:16 pm (GMT +0200)
30 minutes Timeframe
EURUSD is trading between 1.08603 and 1.08292. Any decisive movement upwards to penetrate the hurdle at 1.08603 will trigger an entry signal targeting the resistance at 1.08727 and then higher to test the levels at 1.08790 and 1.08914. A protective stop loss at 1.08292 is highly recommended.
Should the pair manage to breach below the support at 1.08292, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1.08727
Target 2
1.08790
Target 3
1.08914
Target 4
1.09070
Entry
1.08603
Stop Loss
1.08292
Trend Confirmation
Momentum
LWMA
MACD