EURUSD
On Tuesday, the euro/dollar rose to 1.2234, the highest level in more than two months, and then entered a consolidation phase. The current increase of 0.64%, to 1.2231. Along with change of market situation, the euro rose above key resistance levels. Previously, Fed Bostic said: Now is not the right time to consider tightening policies. The euro also rose after the EU released the latest GDP data. From a technical point of view, the euro’s daily line closed the sun, The US dollar breaks below 90 and supporting the euro bullish. From the H4 graph, Bollinger band turns upward, MACD is above zero axis and forms Golden Cross. Overall prioritise operation on the fluctuation zone. The deciding point whether to buy or sell is near 1.2250.
Resistance：1.2250-1.2280-1.2300
Support：1.2200-1.2170-1.2120
Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.