EUR./ USD analysis for July 25, 2018 888011000 110888 Just recently, the EUR/USD pair has actually been trading upwards. The cost checked the level of 1.1711. Anyhow, according to the H1 time– frame, I discovered a potential end of the upward movement since the cost tested the top band of the Keltner channel, which is a sign that purchasing looks really risky. My recommendations is to watch for prospective selling opportunities. The downward targets areset at the price of1.1655 and at thecost of 1.1605. Resistance levels: R1: 1.1715 R2: 1.1746 R3: 1.1776 Support levels: S1: 1.1656 S2: 1.1625 S3:1.1596 Trading recommendations for today: watch for possible selling opportunities.The material has been supplied by InstaForex

By | July 25, 2018

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