EURUSD 19.05.2022

Technical Analysis
Thursday, May 19, 2022 - 15:24
Point Trader Group
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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