EUR/USD
Current level-1.5167
The currency pair is in an uptrend unfolding from the 1.2484 bottom and probably ahead of a significant reversal on weekly basis. The technical indicators are rising and the trading is situated above the 50-day and the 200-day SMA, currently projected at 1.4302 and 1.3697.
With the recent top at 1.5275, the upmove from 1.4614 is probably completed, so expect a larger corrective phase, aiming at 1.5021 support. Intraday allow upward activity, limited to 1.5234, followed by a slide below 1.5141
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.5241 | 1.5294 | 1.5161 | 1.5073 |
| 1.5294 | 1.5434 | 1.5073 | 1.4950 |
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