Technical analysis of EUR/USD for October 11, 2018 888011000 110888 EUR/USD is revealing more indications of strength as rate is staying above 1.15. Short-term pattern will alter to bullish. EUR/USD has actually made a low really near our target of 1.1420-1.14 and has reversed to the advantage as we anticipated from our previous analysis. Red lines-bullish divergence EUR/USD formed a bullish hammer candlestick pattern 2 days ago and the follow through stays helpful of a trend change. EUR/USD reached as high as 1.1572 and a day-to-day close above 1.1560-1.1570 would be a perfect bullish signal for today. There are a lot of opportunities the low remains in at 1.1432. I stay bullish EUR/USD. The material has been supplied by InstaForex Business

By | October 11, 2018

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