Forex - Chart EUR/USD Update: Retain downside bias from 1.0849 high


Published at 00:13 (GMT) 22 Apr

   

Chart EUR/USD Update: Retain downside bias from 1.0849 high (BVAC8201)

22 Apr EUR/USD Daily

Recovery from the 1.0660 low see upside checked at 1.0781 and keep downside bias in focus from the 1.0849 high of last Fri. Strength through the latter needed to clear the way for stronger recovery. Support now at the 1.0660 low below which will see deeper pullback to the 1.0625/00 area. [P.L]

R5:: 1.091 6 Apr low R4: 1.0888 8 Apr high
R3: 1.0849 * 17 Apr high
R2: 1.082 intraday level
R1: 1.0781 21 Apr high

S1: 1.07 figure
S2: 1.066 21 Apr low
S3: 1.0625 16 Apr low
S4: 1.06 figure
S5: 1.0571 * 15 Apr low

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