Hong Kong
2024-11-13 12:01
IndustryEUR/USD is recommended to be short
For now, EUR/USD is bearish and likely to fall, bearish below 1.0650, then it may continue to fall to 1.0590 and then 1.0565.
If we break above 1.0650, we should see 1.0685 and then 1.0720. But the chances of a rebound are slim.
All in all, a break below 1.0650 is a bearish signal, with a high probability of reaching 1.0590 now.
Resistance reference: 1.0650, 1.0685, 1.0720
Support references: 1.0590, 1.0565, 1.0540
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EUR/USD is recommended to be short
Hong Kong | 2024-11-13 12:01
For now, EUR/USD is bearish and likely to fall, bearish below 1.0650, then it may continue to fall to 1.0590 and then 1.0565.
If we break above 1.0650, we should see 1.0685 and then 1.0720. But the chances of a rebound are slim.
All in all, a break below 1.0650 is a bearish signal, with a high probability of reaching 1.0590 now.
Resistance reference: 1.0650, 1.0685, 1.0720
Support references: 1.0590, 1.0565, 1.0540
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