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The EUR/USD pair dropped a little in the short term and now is located at 1.0973 at the time of writing. Still, the retreat could be only a temporary one before trying to jump higher. As you can see on the H1 chart, the rate failed to reach and retest the uptrend line lately which confirmed strong upside pressure (buying pressure).
Jumping above the former high of 1.0963 announced an upside continuation. It has climbed as much as 1.1007. Technically, this represents an upside obstacle.
Staying above 1.0972 and jumping beyond 1.1007 former high activates further growth. This is seen as a new buying opportunity.
Dropping below 1.0972 may announce a potential drop towards the uptrend line.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
