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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

EURTRY July, 29 2020

Technical Analysis
Wednesday, July 29, 2020 - 21:18
Point Trader Group
EURTRY July, 29 2020

Overview:

We notice in the chart above that the pair is trading at the strongest support level around 8.2040, which enhances the chances of the rise during today's trading

Expected:

Continuing trading above the aforementioned support level, may push the pair to rise to 8.2722

Alternative Scenario:

On the other hand, we see that if the 8.2040 level breaks down, it could push this pair down to 8.2000

 

Resistance8.27228.28008.2900
Support8.20408.20008.1900

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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