News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
EUR/USD Finally Tags the Critical 1.0820

EUR/USD Finally Tags the Critical 1.0820

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

EUR/USD Finally Tags the Critical 1.0820

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

Traits of Successful Traders

-I wrote last update that “1.0820/50 (supports going back to 2015) is a big level. Strength above would be viewed as an important technical event and shift focus to 1.1200 (or close).” High today was 1.0828 so the ‘big level’ has held resistance for the time being. I view 1.0820/50 as the dividing line between bull and bear (just as it was in 2016…and most of 2015…appropriate for Groundhog Day!).

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES