03:16 pm (GMT +0200)EURUSD is trading between 1.08603 and 1.08292. Any decisive movement upwards to penetrate the hurdle at 1.08603 will most likely lead the pair towards 1.08727 and even higher to test the level at 1.08790.
Price Action
Thursday, November 16 2023
03:16 pm (GMT +0200)
30 minutes Timeframe
If EURUSD fails to withstand the sellers' pressure, the bullish scenario will be eliminated and we foresee that a bearish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1.08727
Target 2
1.08790
Target 3
1.08914
Target 4
1.09070
Entry
1.08603
Stop Loss
1.08292
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023
03:16 pm (GMT +0200)
30 minutes Timeframe
EURUSD is trading between 1.08603 and 1.08292. Any decisive movement upwards to penetrate the hurdle at 1.08603 will most likely lead the pair towards 1.08727 and even higher to test the level at 1.08790.
If EURUSD fails to withstand the sellers' pressure, the bullish scenario will be eliminated and we foresee that a bearish outlook will be in effect.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1.08727
Target 2
1.08790
Target 3
1.08914
Target 4
1.09070
Entry
1.08603
Stop Loss
1.08292
Trend Confirmation
Momentum
LWMA
MACD