FX.co - Trader's diary for 01/02/2019. EURUSD. Market condition

2020-01-02T12:00:18

Relevance until2020-01-03

Happy New Year, ladies and gentlemen!

Above is the daily chart of the euro.

Let's assess the state of the market.

The closing of the trading day on December 31 above the weekly level of 1.1200 is a strong technical signal for the upward trend.

Cancellation of the trend - a fall below 1.1100.

Levels to buy from the rollback: 1.1145; 1.1120.

A revolution down - 1.1065.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Jozef Kovach

FX.co ★ Trader's diary for 01/02/2019. EURUSD. Market condition