Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
EUR/USD: a “hammer”
Information is not investment advice
EUR/USD formed a “hammer” candlestick on W1. Despite the fact that it fell as low as to 1.1025, it still managed to close the week above 1.11. As a result, a minor retracement to the upside is possible. A rise above 1.1127 would open the way up to the resistance between 1.1180 and 1.1210.
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