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FXOptimax:EUR/USD 11month17Daily trend analysis and trading suggestions

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11month17day

EUR/USDYesterday's slight increase, high1.18686, low order1.18141, received at1.18592。 From the daily chart,EUR/USDYesterday, there was a narrow range of fluctuations during the trading session, and the closing price rose slightly for the third consecutive day. It is expected that there is a high probability of further increase today; fromH4Looking at it, the exchange rate yesterday encountered resistance near the upper track of the local Bollinger Bands and turned back down. It then rebounded again when approaching the middle track of the local Bollinger Bands, and has now approached the upper track of the local Bollinger Bands again1.18749The nearby resistance may revert back after piercing through it; fromH1Look,EUR/USDThe current resistance is located on the track of the local Bollinger Belt1.18700Nearby, the support is located on the lower track of the local Bollinger Belt1.18190-1.18215. It is not recommended to continue chasing more today. It is recommended to be patient and wait for the exchange rate to fall back1.18190-1.18215The supporting area,EUR/USDpresent price1.18634
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