Up Trend
We should be moving up as long as (1.2766) is not broken.. EURUSD is heading upward as long as it remains above (1.2766) any four hours close above (1.2970) will open the way for the instrument to test the next resistance level at (1.3010). Any four hours bare close below (1.2766) will change instrument’s direction. Traders should consider buying every depth with a stop loss at (1.2766).
Currency Daily Profile
Daily 200 SMA 1.3089
Daily 100 SMA 1.2601
Daily 50 SMA 1.2879
Daily Stochastic 93.1436
10 Days ATR 0.0103
| Resistance | 1.2930 | 1.2970 | 1.3010 | 1.3050 | 1.3090 |
| Support | 1.2845 | 1.2778 | 1.2661 | 1.2621 | 1.2581 |
