German business sentiment worsened for a fifth month as supply challenges in manufacturing and a spike in coronavirus infections clouded the growth outlook for Europe largest economy, according to the Ifo institute.
The EURUSD pair moved down below the 1.1237 main level. As long as the pair trades below 1.1237, on a four-hourly basis, we will face 1.1165 as the support level. On the upside, if the price rises above 1.1237, the next resistance level will be at 1.1307
Support : 1.1165 - 1.1114
Resistance : 1.1237 - 1.1307 - 1.1365
24 Nov 21 (Wed)
Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.
© 2021 One Billion Signals All Rights Reserved