You are not logged in.

#1 30-04-2017 20:37:42

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 3861
Website

EUR/USD: focus is on 1.0958 as long as prices evolves above 1.0821

EUR/USD: focus is on 1.0958 as long as prices evolves above 1.0821 (Credit Suisse)


http://www.forex-central.net/forum/userimages/creditsuisse.jpg


Credit Suisse maintains a bullish bias on the EUR/USD as long as it trades above 1.0821.

"The EUR/USD continues to find resistance near the upward trendline at 1.0958. As long as we evolve above 1.0821, our focus will remain on this resistance level, with a break above 1.0951/58 needed to launch a rally towards 1.0979, then 1.1028, where we could find sellers.

The first support level comes at 1.0852/51, then 1.0821, which should hold initially."


"Anything worth having is worth going for - all the way." - J.R. Ewing

Offline

 

Board footer