BUYING ZONE OF EUR/USD.
The EUR/USD pair fails to reach lower point at 1.12872 and consolidate at the level of 1.12900 and above the buying pressure is increasing and their is chance to buy at bottom of trend which is strong zone of support in 4Hr time frame.
If it breaks the level of 1.13110 then the next target is 1.13578 which is acting as a resistance level for the 4Hr time frame.
Stoch is showing overbought condition on 4Hr time zone.
If it breaks the level of 1.13110 then the next target is 1.13578 which is acting as a resistance level for the 4Hr time frame.
Stoch is showing overbought condition on 4Hr time zone.
Penafian
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