Technical Updates

EUR/USD Next Target & Support 1.2650

EUR/USD Next Target & Support 1.2650

I wrote EUR/USD Can Rally by Weakness Data? Now, we all clear the answer is No.

Indicators :

– RSI Period 14 with 30 level as oversold and 70 level as overbought.

– The 4X1, 2X1, 1X1, 1X2 and 1X4 Gann Angels.

– Gann’s Price&Timing Study.

– Simple Moving Average 50 Period (Blue), 100 Period (Red) and 200 Period (Green) on the chart.

The Euro broke below neckline, price&timing indicate falling test 1×4 angel’s Gann. Long-term angel have support or may be intermediately target at 1.2650 level.

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