Rimani 
Condizioni di trading
Strumenti
Early in the American session, the euro recovered and is trading at 1.0786 after having registered a low of 1.0731. The EUR/USD pair is below the 21SMA, rebounding after momentarily breaking the 8/8 Murray support.
If the euro continues its rebound and consolidates above 1.0790 in the coming hours, we could expect EUR/USD to continue rising. So, the instrument could reach +2/8 Murray at 1.0986 in the short term and even the psychological level of 1.10.
During the European session, the euro reached a low of 1.0731. EUR/USD may extend its recovery from this level. If EUR/USD consolidates above the 21SMA in the coming hours, the instrument could maintain bullish momentum.
On the other hand, the fact that the euro is trading within a downtrend channel technically suggests that the bearish bias remains. Therefore, if EUR/USD falls below 1.0780, it could slide to the 200 EMA around 1.0690.
The eagle indicator is showing oversold signs. So, we believe that a technical rebound in the coming hours could serve as an impetus for the euro's recovery in the coming days.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
