The EURUSD pair moved up last four days and then showed a profit taking action in the Asian Session. The pair is trading above the 1.1111 key support level. As long as the price remains above that level on fourly-hour basis, we think the bullish action may continue. At this point, we will face again resistance levels at 1.1160 and 1.1220 . On the other hand, if the pair falls below 1.1111, the next support level will be at 1.1050.
18 May 17 (Thu)
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.
© 2019 One Billion Signals All Rights Reserved