The bullish resumption was capped by the 50-Day SMA at 1.0470. After that the pair dropped below the 200-Day SMA. Now we look for additional declines towards the 1.0225 support, with a break below to aim the pair for testing parity. Only a break and consolid
The pair dropped below 80.00 and almost reached the 100-Day SMA by 79.50. Breaking below the 100-Day SMA would extend declines towards the 200-Day SMA by 78.30. Should the pair hold above the 100-Day SMA, we could see a rebound back towards the 50-Day SMA by
The uptrend was capped by 1.6300, so in a short-term we look for corrective declines towards the 1.6165 resistance-turned-support or the 1.6080 support, from where a bullish resumption could take place. However, a break below the 1.6080 support would extend
The pair is still consolidating above the 50-Day SMA, so we look for further gains towards the 1.3465-1.3485 resistance area, right where the 200-Day SMA resides. However, a break back below the 50-Day SMA could trigger a setback towards the 100-Day SMA by 1.3 ...
The pair reached the 50-Day SMA by 1.0480. Breaking above this level would confirm the upside rally ahead of the 1.0855 resistance. Otherwise, we could see a setback towards the 200-Day SMA by 1.0360 or lower towards the 1.0225 support, with a break below to
Risikohinweis
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