EUR/USD 1.11 Level is Massively Sup

EUR/USD 1.11 tingkat yang secara besar-besaran mendukung-Jumat Oktober 23, 1:10 AM CDTOleh: DailyForex.comBank Sentral Eropa mengumumkan siang hari pada hari Kamis itu mungkin akan lebih dalam stimulus bukan benar-benar keluar dari pertanyaan. Dengan menjadi kasus, pasar tampak seolah-olah itu adalah bereaksi negatif terhadap ide pelonggaran kuantitatif lebih lanjut seperti yang Anda harapkan, menyebabkan kehilangan nilai terhadap sebagian besar mata uang Euro. Ini tentu saja akan terlihat paling jelas terhadap dolar AS, dan sebagai hasilnya kita jatuh semua jalan ke tingkat 1,11. Tingkat 1,11 secara besar-besaran mendukung sejauh yang saya tahu, dan dengan itu aku merasa bahwa Penjual yang paling pasti menguji batas-batas dukungan. Pada akhirnya, pasar memiliki uptrend garis bawah yang merupakan bagian dari segitiga mendaki yang kita telah berurusan dengan pada grafik jangka panjang. Jika kita bisa mendapatkan di bawah itu, tren pasti akan tetap pergi ke downside.Ini tampak akrabHaving said that, I think the uptrend line will cause quite a bit of support, and as a result I think that we could see a bit of exhaustion when it comes to the selling today. It will be interesting to see how the daily candle closes, because at this point time it would not be surprise at all to see a hammer based upon the uptrend line. At that point in time, I would be a buyer. However, I would wait until we saw some type of daily close and not try to anticipate anything. I recognize that the massive selloff during the session on Thursday is closing at the bottom of the candle, and that is why I feel the market will continue to go a little bit lower. After all, when you close this low in the range, it typically means there’s some type of continuation.If we break down below the uptrend line, on a daily close, I would be more than willing to start selling. I think rallies will struggle as well, but if we see enough support in this general vicinity, we could have a simple continuation of the overall consolidation. After all, it’s not as if rates were cut, and this is probably one of those situations that is more or less a knee-jerk reaction. I am not trading this pair today, but will most certainly be interested in how the market closes, perhaps leading to my next swing trade.EURUSDOriginal source DailyForex provides daily fundamental and technical analysis and signals for those looking to trade based on trends in the currency markets. Learn deeper trading strategies from the DailyForex experts for free at FXAcademy.com.