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  1. DF
  2. Technical Analysis
  3. EUR/USD- Bears Are In Good Shape
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EUR/USD- Bears Are In Good Shape

By: Investija

Bears have extended their negative movement further downside. Sharp slides downside occurred, bears are in good shape and bulls are in big danger for now. At the moment, narrow trading range is possible where new ground will be formed. Waiting action remains at current situation with short term upswings.

EUR/USD Forex Technical Analysis Graph

NZD/USD- Bullish Movement Towards New Highs

We can notice that bears were testing support barrier at 0.6999, however not enough strength initiated bullish movement towards new highs. At the moment, resistance barrier remains at 0.7089 where bulls can have issues to extend their movement. At the moment waiting action remains and short term upswings are expected.

NZD/USD Forex Technical Analysis Graph



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