FX.co ★ berta.hill | EUR/USD

EUR/USD Н4 The resistance at the level of 1.1780 worked perfectly and the quotes were directed towards the support at the level of 1.1685. But the moving average can support the quotes, as it is slightly lower and acts as support. So if it holds, they could well break through the resistance. In this case, in order to continue in the same direction, it is necessary to consolidate above the level. The same situation applies to the southern direction. There, it is also necessary to overcome the support and then, of course, it is desirable to consolidate below the level in order to continue the southern path.