The currency pair EUR / USD, after the active downward movement approached the range support level of 1.1900, where it felt support and as a result slowed down the movement. Now, we see attempts to work out the level, but the "bearish" interest still prevails in the market, which gives us a chatter. It is possible to assume that a two-digit wagging within the range of 1.1930 / 1.2000 will remain where it is worthwhile to track the fixations for planning further trading operations.
Key Levels
Resistance - 1,2080 *; 1.2160 **
Support -1,1900; 1.1780 *.
* Periodic level
** Range level
Signals
- It is recommended to buy a pair after fixing the price above 1.2020, with the prospect of a move to 1.2080 / 1.2160.
- Sale by a pair is recommended to make prices after a clear fixation of the price below the level of 1.1900, with the prospect of a move to 1.1780.