简体中文
ภาษาไทย
繁體中文
Indonesia
EURUSD: Shock moves up
2023-03-17
851
Fundamental analysis:
EUR/USD remained volatile around 1.06068. The European Central Bank raised all three major interest rates by 50 basis points, in line with market expectations, indicating that the European Central Bank's determination to fight inflation remains firm.
EURUSD—4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the low-level short-term shocks move up, and the market bulls have signs of waiting for an opportunity to enter the market and pull up, but the market as a whole is still suppressed, the MACD indicator is hovering below the 0 axis, and the RSI indicator is finishing below the 50 balance line;
Resistance levels: 1.06209 1.06361
Support levels: 1.05858 1.05709
Trading strategy: Bullish above 1.06002, target 1.06209 1.06361
Alternative strategy: bearish below 1.06002, target 1.05858 1.05709
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
