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In our last analysis on EURUSD we noted that price was breaking out of the short-term bearish channel and there is potential for a move at least towards 1.02. EURUSD is trading now inside the 4 hour Kumo (cloud). This means that the short-term trend has changed from bearish to neutral. The tenkan-sen (Red line indicator) and the kijun-sen (yellow line indicator) are positively sloped and below current market price. Price has potential of moving higher towards the upper cloud boundary at 1.02-1.0244. Support is found at 1.0091 and 1.0050. As long as price is above these two support levels, bulls have hopes for a move towards 1.02 and higher.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
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