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EURUSD 19.05.2022
summary:
The pair is trading in an uptrend
Expected scenario:
The pair is trading above a strong support level around 1.0300, which enhances the chances of a corrective rise to 1.0600 – 1.07000
Alternative scenario:
Breaking the level of 1.0300 may push the pair down to 1.0216 – 1.0164
resistance levels
1.0700 - 1.0853
Support levels
1.0300 - 1.0216
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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