Daily Market Analysis 04 Aug 2022
- Market News
- Daily Market News
- 2022, 04 August
EUR/USD pair has formed a Piercing Candlestick Pattern in the hourly
chart which shows bullishness in the pair. Formation of multiple Doji
candlesticks near the higher level is showing its consolidation phase.
Once it breaks the resistance zone of 1.0210 would seek more upside. A
break of the support zone of 1.0120 would amplify the selling.
|RSI (43)||SELL |
|MACD (Below Midline)||SELL |
|200 EMA (1.0867)||SELL |
|Scenario 1||Scenario 2|
No Key Data