EUR/USD: The Direction of Highest Probability is

Tian Kriek

Analyst


March 3, 2021 01:21 PM

BEARISH

Daily Trading Range:
EUR/USD: The Direction of Highest Probability is Bearish on the Weekly chart as the UP Counter Trend Line was broken to the downside. There is no down AutoFibonacci that I can draw however there is a Bearish Crown formation with a target at 1.1691. I am refraining from selling UNTIL I have confirmation that the USDOLLAR is Bullish Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/aod-ny-workspaces-3-mar/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 1.7000
Resistance 2: 1.5000
Resistance 1: 1.2000
Current Price 1.2076
Support 1: 1.1100
Support 2: 1.0500
Support 3: 1.0000

Two Hour Chart

Two Hour Chart
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