empty
 
 
13.03.2023 05:03 PM
Technical analysis on EURUSD for March 13th, 2023.

This image is no longer relevant

Black line- support trend line

EURUSD is trading around 1.07. In a previous analysis we noted the potential bearish patter of a head and shoulders formation. Price since then has not activated the bearish pattern as the neckline support was respected. Price bounced off the neck line support last week when it tested the 1.0525 support. Since then price is making new higher highs. Is this a right hand shoulder under formation? Recent price action has confirmed the importance of the black support trend line. As long as price is above this level bulls are still hoping for a move towards 1.09.

Summary
Urgency
Analytic
Alexandros Yfantis
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback