empty
25.07.2022 06:04 AM
Elloitt wave analysis of EUR/USD for July 25, 2022

This image is no longer relevant

EUR/USD broke below support at 1.0153 which told us that wave i was completed with the test of 1.0269 and the corrective decline/consolidation in wave ii was unfolding. Apparently, this wave ii's correction completed with the test of 1.0130 and we should ideally see resistance at 1.0269 be broken for a rally towards at least 1.0643 and possibly even higher than that.

Support is now seen in the 1.0176 - 1.0182 area which ideally will act as a pivot point for the next rally towards and likely break above resistance at 1.0269.

Torben Melsted,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2025
समय सीमा चुनें
5
मिनट
15
मिनट
30
मिनट
1
घंटा
4
घंटे
1
दिन
1
सप्ताह
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback