Technical Analysis : EUR/USD 18 May 2021

18 May 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD

Forex Technical Analysis : EURUSD 18 May 2021

Forex Technical Analysis : EURUSD

Date : 18 May 2021

Pivot point : 1.2145

Our preference : long positions above 1.2145 with targets at 1.2190 & 1.2210 in extension.

Alternative scenario : below 1.2145 look for further downside with 1.2125 & 1.2105 as targets.

Comment : the RSI advocates for further upside.

Supports and resistances :

1.2235 **
1.2210 *
1.2190
1.2168 – Last price
1.2145
1.2125 *
1.2105 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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