03/07 – EURUSD outlook eyes on 1.1098

06 July, AtoZForex.com, Milano — Technically WeekllyDaily EURUSD outlook with eyes still on the 1.1098 level with bearish momentum. (4:17GMT)

My S/R setup is confirmed:

First resistance: 1.1145 (H4 trendlines, fibo arcs)

if First resistance’s breakout then ->
-> Second resistance: 1.129 (Friday’s low, fibo arcs)

Chart 1: Daily EURUSD, EURUSD outlook Chart 1: Daily EURUSD eyes on 1.1098 (Click on the image to enlarge)

if breakout then ->
-> Third resistance: 1.1355 (converging H4 trendlines)

if breakout then ->
-> Fourth resistance: 1.1450 (weekly trendlines, May’s high)

Vistabrokers partnership banner IB Banner

 H4 EURUSD, EURUSD outlook Chart 2: H4 EURUSD (Click on the image to enlarge)

First support: 1.1064 

if First support’s breakout then ->
-> Second support: 1.098

if breakout then ->
-> Third support: 1.088 (weekly trendlines)

if breakout then ->
-> Fourth support: 1.0815 (converging H4 trendlines, fibo arcs)

    Share Your Opinion, Write a Comment