EURUSD, February 15, 2021

Technical Analysis
Monday, February 15, 2021 - 14:48
Point Trader Group
EURUSD, February 15, 2021

Overview:

Prices are moving in a short-term downtrend

Expected:

The pair is trading below a strong resistance level around 1.2155, which might push the pair to go downwards to reach the level of 1.2084.

Alternative Scenario: 

On the other hand, we think that if the level of 1.2155 is broken to the upside, the pair might be pushed upwards to 1.2200.

Resistance1.22351.22001.2155
Support1.20231.20501.2084

 

 

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


Related Topics

REQUEST A CALL BACK

We Are Always Ready To Help You

YOU CAN TRUST POINT

For Expert Financial Advice