EUR/USD Trend For Today: FOREX Signals

[fxcapitalvia]

EUR/USD remains in a narrow range below the 78.6% retracement of the March to April decline near 1.3900
Our near-term trend bias higher in the Euro while over 1.3730
A push through 1.3900 is needed to trigger a new leg higher, but traction over 1.3970 is really required to confirm any sort of meaningful strength
A cycle turn window of some importance is seen next week
A move under the 2nd square root relationship of the year’s high at 1.3730 will turn us negative on the Euro

EUR/USD Strategy: Like the long side while 1.3730 holds.

Trading Levels:
Support: 1.3830- 1.3730
Resistance: 1.3900- 1.3970

 

[Rambo35]

I'm shorting EURUSD at 1.3870, and planing to add positions if it continue with the rally.

 

[fxapex]

the pair has been very volatile and is difficult to trade, although their is a strong support at this level but its still difficult to trade.

 

[Fxpipper]

the pair just got even more volatile, if that was ever possible..may short my positions soon..

 

[Mohammadilyas]

EUR/USD carries on being within a slender assortment beneath the 78.six% retracement Along with the March to April drop close to one particular.3900
Our all over-phrase enhancement bias superior throughout the Euro while previously mentioned one.3730
A force on account of 1.3900 is necessary to end in a clean leg larger, but traction around one.3970 is completely necessary to validate virtually any meaningful toughness